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Forex Trend Analysis Report

Prepared for you on Monday, September 24, 2018.

Argentine Peso/Japanese Yen (FOREX:ARSJPY)

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_ARSJPY
Open High Low ARSJPY Price Change
3.02160 3.03510 3.00975 3.02660 +0.00500
Entry Signal

MarketClub’s Trade Triangles for ARSJPY

long term down The long term trend has been DOWN since Dec 26th, 2017 at 6.24480

intermediate term up The intermediate term trend has been UP since Sep 24th, 2018 at 3.02935

short term up The short term trend has been UP since Sep 19th, 2018 at 2.84110

Smart Scan Analysis for ARSJPY

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

+70
Smart Scan Analysis for ARSJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
3.02160 3.03510 3.00975 3.02660 +0.00500
Prev. Close Volume Bid Ask Time
3.02160 3.02630 3.02690 2018-09-24 22:00:12
Want to analyze Argentine Peso/Japanese Yen ARSJPY or another symbol? Try our Free Forex Trend Analysis Report.