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Forex Trend Analysis Report
Prepared for you on Sunday, June 26, 2022.
South African Rand/Japanese Yen (FOREX:ZARJPY)
Long-Term Uptrend (+90) - ZARJPY is in a strong uptrend that is likely to continue. While ZARJPY is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid ZARJPY?
MarketClub looks at technical strength and momentum to determine if the timing is right for ZARJPY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for ZARJPY
The long-term trend has been UP since Feb 9th, 2022 at 7.60325
The intermediate-term trend has been UP since May 30th, 2022 at 8.17190
The short-term trend has been UP since Jun 21st, 2022 at 8.50145
Smart Scan Analysis for ZARJPY
Based on our trend formula, ZARJPY is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 8.547513 | 8.552818 | 8.547513 | 8.547513 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 8.547513 | 2022-06-26 01:10:36 |