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Forex Trend Analysis Report

Prepared for you on Thursday, April 26, 2018.

Canadian Dollar/Japanese Yen (FOREX:CADJPY)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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_CADJPY
Open High Low CADJPY Price Change
85.1840 85.2120 85.1495 85.2055 +0.0215
Entry Signal

MarketClub’s Trade Triangles for CADJPY

long term down The long term trend has been DOWN since Feb 5th, 2018 at 86.7800

intermediate term up The intermediate term trend has been UP since Apr 4th, 2018 at 83.4925

short term up The short term trend has been UP since Apr 24th, 2018 at 85.1375

Smart Scan Analysis for CADJPY

Based on a pre-defined weighted trend formula for chart analysis, CADJPY scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for CADJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
85.1840 85.2120 85.1495 85.2055 +0.0215
Prev. Close Volume Bid Ask Time
85.1840 85.1960 85.2150 2018-04-26 01:47:41
Want to analyze Canadian Dollar/Japanese Yen CADJPY or another symbol? Try our Free Forex Trend Analysis Report.