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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.

FOREX_JPYSAR
Open High Low JPYSAR Price Change
0.03438359 0.03456464 0.03432725 0.03453948 +0.00015600
Entry Signal

MarketClub’s Trade Triangles for JPYSAR

long term down The long-term trend has been DOWN since Feb 5th, 2021 at 0.03549537

intermediate term up The intermediate-term trend has been UP since Apr 18th, 2021 at 0.03452490

short term up 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).

+70
Smart Scan Analysis for JPYSAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.03438359 0.03456464 0.03432725 0.03453948 +0.00015600
Prev. Close Volume Bid Ask Time
0.03438359 2021-05-07 17:13:51
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