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Forex Trend Analysis Report

Prepared for you on Wednesday, July 18, 2018.

US Dollar/Japanese Yen (FOREX:USDJPY)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_USDJPY
Open High Low USDJPY Price Change
112.9325 113.0450 112.9255 113.0310 +0.0985
Entry Signal

MarketClub’s Trade Triangles for USDJPY

long term up The long term trend has been UP since May 15th, 2018 at 110.3815

intermediate term up The intermediate term trend has been UP since Jun 29th, 2018 at 110.9015

short term up The short term trend has been UP since Jul 9th, 2018 at 110.7750

Smart Scan Analysis for USDJPY

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

+100
Smart Scan Analysis for USDJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
112.9325 113.0450 112.9255 113.0310 +0.0985
Prev. Close Volume Bid Ask Time
112.9325 113.0210 113.0410 2018-07-18 02:36:51
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