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Forex Trend Analysis Report

Prepared for you on Monday, January 22, 2018.

Canadian Dollar/Japanese Yen (FOREX:CADJPY)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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.

Open High Low CADJPY Price Change
88.7515 89.2100 88.7000 89.0390 +0.2875
Entry Signal

MarketClub’s Trade Triangles for CADJPY

long term up The long term trend has been UP since Jun 28th, 2017 at 85.8385

intermediate term up The intermediate term trend has been UP since Dec 21st, 2017 at 89.2295

short term down The short term trend has been DOWN since Jan 17th, 2018 at 88.6615

Smart Scan Analysis for CADJPY

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

Smart Scan Analysis for CADJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
88.7515 89.2100 88.7000 89.0390 +0.2875
Prev. Close Volume Bid Ask Time
88.7515 89.0330 89.0450 2018-01-22 23:03:13
Want to analyze Canadian Dollar/Japanese Yen CADJPY or another symbol? Try our Free Forex Trend Analysis Report.