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Forex Trend Analysis Report

Prepared for you on Thursday, November 21, 2024.

Japanese Yen/Saudi Arabian Riyal (FOREX:JPYSAR)

Bear Market Rally (-75) - JPYSAR is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on JPYSAR as it may be in the beginning 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
0.02420842 0.02435333 0.02418539 0.02435333 +0.00014500
Entry Signal

MarketClub’s Trade Triangles for JPYSAR

long term down The long-term trend has been DOWN since Nov 5th, 2024 at 0.02441090

intermediate term down The intermediate-term trend has been DOWN since Oct 2nd, 2024 at 0.02578703

short term up The short-term trend has been UP since Nov 19th, 2024 at 0.02439068

Smart Scan Analysis for JPYSAR

Based on our trend formula, JPYSAR is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for JPYSAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.02420842 0.02435333 0.02418539 0.02435333 +0.00014500
Prev. Close Volume Bid Ask Time
0.02420842 2024-11-21 04:22:51
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