Forex Trend Analysis Report
Prepared for you on Sunday, June 26, 2022.
Khazanah Sukuk/Japanese Yen (FOREX:LFXJPY)
Countertrend Up (+85) - LFXJPY is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid LFXJPY?
MarketClub looks at technical strength and momentum to determine if the timing is right for LFXJPY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for LFXJPY
The long-term trend has been UP since Oct 11th, 2021 at 57.4165
The intermediate-term trend has been UP since May 31st, 2022 at 62.2005
The short-term trend has been DOWN since Jun 23rd, 2022 at 63.6655
Smart Scan Analysis for LFXJPY
Based on our trend formula, LFXJPY is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).