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Forex Trend Analysis Report

Prepared for you on Wednesday, April 25, 2018.

/Japanese Yen (FOREX:CNHJPY)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management 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_CNHJPY
Open High Low CNHJPY Price Change
17.2813 17.2965 17.2463 17.2935 +0.0122
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 up The intermediate term trend has been UP since Mar 28th, 2018 at 16.9488

short term up The short term trend has been UP since Apr 19th, 2018 at 17.1292

Smart Scan Analysis for CNHJPY

Based on a pre-defined weighted trend formula for chart analysis, CNHJPY scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for CNHJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
17.2813 17.2965 17.2463 17.2935 +0.0122
Prev. Close Volume Bid Ask Time
17.2813 17.2905 17.2965 2018-04-25 14:13:16
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