Forex Trend Analysis Report
Prepared for you on Thursday, December 3, 2020.
Khazanah Sukuk/Japanese Yen (FOREX:LFXJPY)
Crossroads (+60) - LFXJPY is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid LFXJPY?
MarketClub looks at technical strength and momentum to determine if the timing is right for LFXJPY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LFXJPY
The long-term trend has been DOWN since Oct 28th, 2020 at 52.7325
The intermediate-term trend has been UP since Nov 9th, 2020 at 53.5245
The short-term trend has been UP since Nov 23rd, 2020 at 53.2555
Smart Scan Analysis for LFXJPY
Based on our trend formula, LFXJPY is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).