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Forex Trend Analysis Report

Prepared for you on Monday, November 12, 2018.

Japanese Yen/Canadian Dollar (FOREX:JPYCAD)

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_JPYCAD
Open High Low JPYCAD Price Change
0.011567 0.011629 0.011559 0.011629 +0.000062
Entry Signal

MarketClub’s Trade Triangles for JPYCAD

long term down The long term trend has been DOWN since Sep 18th, 2018 at 0.011550

intermediate term up The intermediate term trend has been UP since Oct 15th, 2018 at 0.011668

short term up The short term trend has been UP since Nov 9th, 2018 at 0.011605

Smart Scan Analysis for JPYCAD

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

+70
Smart Scan Analysis for JPYCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.011567 0.011629 0.011559 0.011629 +0.000062
Prev. Close Volume Bid Ask Time
0.011567 0.011624 0.011634 2018-11-12 12:44:20
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