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Forex Trend Analysis Report

Prepared for you on Tuesday, December 11, 2018.

Canadian Dollar/Japanese Yen (FOREX:CADJPY)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend 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_CADJPY
Open High Low CADJPY Price Change
84.3605 84.8880 84.2600 84.8265 +0.4660
Entry Signal

MarketClub’s Trade Triangles for CADJPY

long term down The long term trend has been DOWN since Dec 6th, 2018 at 83.799

intermediate term down The intermediate term trend has been DOWN since Oct 15th, 2018 at 85.687

short term down The short term trend has been DOWN since Dec 4th, 2018 at 85.215

Smart Scan Analysis for CADJPY

Based on a pre-defined weighted trend formula for chart analysis, CADJPY scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for CADJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
84.3605 84.8880 84.2600 84.8265 +0.4660
Prev. Close Volume Bid Ask Time
84.3605 84.8180 84.8350 2018-12-11 23:47:06
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