Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Friday, February 22, 2019.

Saudi Arabian Riyal/Japanese Yen (FOREX:SARJPY)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.

The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.

FOREX_SARJPY
Open High Low SARJPY Price Change
29.5295 29.5395 29.5295 29.5355 +0.0060
Entry Signal

MarketClub’s Trade Triangles for SARJPY

long term down The long term trend has been DOWN since Dec 25th, 2018 at 29.381

intermediate term up The intermediate term trend has been UP since Feb 4th, 2019 at 29.316

short term up The short term trend has been UP since Feb 19th, 2019 at 29.510

Smart Scan Analysis for SARJPY

Based on a pre-defined weighted trend formula for chart analysis, SARJPY scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for SARJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
29.5295 29.5395 29.5295 29.5355 +0.0060
Prev. Close Volume Bid Ask Time
29.5295 29.5010 29.5700 2019-02-22 02:43:41
Want to analyze Saudi Arabian Riyal/Japanese Yen SARJPY or another symbol? Try our Free Forex Trend Analysis Report.