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Forex Trend Analysis Report

Prepared for you on Monday, October 23, 2017.

Australian Dollar/Japanese Yen (FOREX:AUDJPY)

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_AUDJPY
Open High Low AUDJPY Price Change
88.9695 89.0800 88.6900 88.7800 -0.1895
Entry Signal

MarketClub’s Trade Triangles for AUDJPY

long term up The long term trend has been UP since Jul 3rd, 2017 at 86.5100

intermediate term up The intermediate term trend has been UP since Oct 22nd, 2017 at 88.9900

short term up The short term trend has been UP since Oct 12th, 2017 at 87.7685

Smart Scan Analysis for AUDJPY

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

+100
Smart Scan Analysis for AUDJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
88.9695 89.0800 88.6900 88.7800 -0.1895
Prev. Close Volume Bid Ask Time
88.9695 88.7600 88.8000 2017-10-23 16:23:37
Want to analyze Australian Dollar/Japanese Yen AUDJPY or another symbol? Try our Free Forex Trend Analysis Report.