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Forex Trend Analysis Report

Prepared for you on Sunday, August 1, 2021.

Saudi Arabian Riyal/Japanese Yen (FOREX:SARJPY)

Weak Downtrend (-65) - SARJPY is showing signs of a strengthening downtrend. Monitor SARJPY as it may be building momentum to the downside.

Is it time to buy, sell, or avoid SARJPY?

MarketClub looks at technical strength and momentum to determine if the timing is right for SARJPY.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_SARJPY
Open High Low SARJPY Price Change
29.193824 29.276950 29.192155 29.239048 +0.045224
Entry Signal

MarketClub’s Trade Triangles for SARJPY

long term up The long-term trend has been UP since Feb 5th, 2021 at 28.172723

intermediate term down The intermediate-term trend has been DOWN since Jul 19th, 2021 at 29.208362

short term down The short-term trend has been DOWN since Jul 27th, 2021 at 29.345336

Smart Scan Analysis for SARJPY

Based on our trend formula, SARJPY is rated as a -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
29.193824 29.276950 29.192155 29.239048 +0.045224
Prev. Close Volume Bid Ask Time
29.193824 2021-07-30 17:14:55
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