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.
MarketClub’s Trade Triangles for JPYSAR
The long-term trend has been UP since Feb 28th, 2020 at 0.03479016
The intermediate-term trend has been UP since Oct 21st, 2020 at 0.03573716
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).