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Forex Trend Analysis Report
Prepared for you on Monday, January 13, 2025.
Saudi Arabian Riyal/Japanese Yen (FOREX:SARJPY)
Countertrend Up (+85) - SARJPY 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 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.
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MarketClub’s Trade Triangles for SARJPY
The long-term trend has been UP since Nov 5th, 2024 at 40.965371
The intermediate-term trend has been UP since Dec 18th, 2024 at 41.182009
The short-term trend has been DOWN since Jan 10th, 2025 at 41.906613
Smart Scan Analysis for SARJPY
Based on our trend formula, SARJPY is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 41.962798 | 42.021676 | 41.829129 | 41.944356 | -0.018442 |
| Prev. Close | Volume | Bid | Ask | Time |
| 41.962798 | 2025-01-13 21:12:22 |