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Forex Trend Analysis Report

Prepared for you on Wednesday, July 18, 2018.

Argentine Peso/Japanese Yen (FOREX:ARSJPY)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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
4.1042 4.1109 4.1036 4.1055 +0.0013
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 Jul 10th, 2018 at 4.07615

short term down The short term trend has been DOWN since Jul 17th, 2018 at 4.10435

Smart Scan Analysis for ARSJPY

Based on a pre-defined weighted trend formula for chart analysis, ARSJPY scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for ARSJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
4.1042 4.1109 4.1036 4.1055 +0.0013
Prev. Close Volume Bid Ask Time
4.1042 4.1049 4.1061 2018-07-18 08:11:54
Want to analyze Argentine Peso/Japanese Yen ARSJPY or another symbol? Try our Free Forex Trend Analysis Report.