Forex Trend Analysis Report
Prepared for you on Monday, April 6, 2020.
Khazanah Sukuk/Japanese Yen (FOREX:LFXJPY)
Weak Downtrend (-65) - LFXJPY is showing signs of a strengthening downtrend. Monitor LFXJPY as it may be building momentum to the downside.
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 Feb 28th, 2020 at 53.0625
The intermediate-term trend has been DOWN since Feb 27th, 2020 at 53.2925
The short-term trend has been UP since Apr 6th, 2020 at 51.5465
Smart Scan Analysis for LFXJPY
Based on our trend formula, LFXJPY is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).