Forex Trend Analysis Report
Prepared for you on Tuesday, October 19, 2021.
Japanese Yen/Saudi Arabian Riyal (FOREX:JPYSAR)
Strong Downtrend (-100) - JPYSAR is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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 DOWN since Sep 23rd, 2021 at 0.03392973
The short-term trend has been DOWN since Sep 23rd, 2021 at 0.03413004
Smart Scan Analysis for JPYSAR
Based on our trend formula, JPYSAR is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).