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Forex Trend Analysis Report

Prepared for you on Saturday, June 23, 2018.

/Japanese Yen (FOREX:CNHJPY)

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_CNHJPY
Open High Low CNHJPY Price Change
16.89705 16.95335 16.85945 16.89150 -0.00555
Entry Signal

MarketClub’s Trade Triangles for CNHJPY

long term down The long term trend has been DOWN since Mar 1st, 2018 at 16.8152

intermediate term down The intermediate term trend has been DOWN since May 24th, 2018 at 17.0953

short term down The short term trend has been DOWN since Jun 17th, 2018 at 17.1579

Smart Scan Analysis for CNHJPY

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

-90
Smart Scan Analysis for CNHJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.89705 16.95335 16.85945 16.89150 -0.00555
Prev. Close Volume Bid Ask Time
16.89705 16.87600 16.90700 2018-06-22 18:01:38
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