Forex Trend Analysis Report
Prepared for you on Friday, May 7, 2021.
Japanese Yen/Saudi Arabian Riyal (FOREX:JPYSAR)
Bull Market Weakness (+75) - JPYSAR is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on JPYSAR as it may be in the beginning stages of a reversal.
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.
MarketClub’s Trade Triangles for JPYSAR
The long-term trend has been DOWN since Feb 5th, 2021 at 0.03549537
The intermediate-term trend has been UP since Apr 18th, 2021 at 0.03452490
The short-term trend has been UP since Apr 6th, 2021 at 0.03393653
Smart Scan Analysis for JPYSAR
Based on our trend formula, JPYSAR is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).