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Forex Trend Analysis Report

Prepared for you on Friday, December 4, 2020.

Japanese Yen/Saudi Arabian Riyal (FOREX:JPYSAR)

Long-Term Uptrend (+90) - JPYSAR is in a strong uptrend that is likely to continue. While JPYSAR 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 JPYSAR?

MarketClub looks at technical strength and momentum to determine if the timing is right for JPYSAR.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_JPYSAR
Open High Low JPYSAR Price Change
0.03608715 0.03612669 0.03607204 0.03609653 +0.00000900
Entry Signal

MarketClub’s Trade Triangles for JPYSAR

long term up The long-term trend has been UP since Feb 28th, 2020 at 0.03479016

intermediate term up The intermediate-term trend has been UP since Oct 21st, 2020 at 0.03573716

short term up The short-term trend has been UP since Dec 3rd, 2020 at 0.03608764

Smart Scan Analysis for JPYSAR

Based on our trend formula, JPYSAR is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for JPYSAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.03608715 0.03612669 0.03607204 0.03609653 +0.00000900
Prev. Close Volume Bid Ask Time
0.03608715 2020-12-04 03:44:21
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