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Forex Trend Analysis Report

Prepared for you on Friday, November 17, 2017.

/Japanese Yen (FOREX:CNHJPY)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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
16.9886 17.0450 16.8823 16.8955 -0.0931
Entry Signal

MarketClub’s Trade Triangles for CNHJPY

long term up The long term trend has been UP since Jul 3rd, 2017 at 16.6173

intermediate term down The intermediate term trend has been DOWN since Nov 15th, 2017 at 17.0180

short term down The short term trend has been DOWN since Nov 15th, 2017 at 17.0235

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
16.9886 17.0450 16.8823 16.8955 -0.0931
Prev. Close Volume Bid Ask Time
16.9886 16.8925 16.8985 2017-11-17 18:24:29
Want to analyze /Japanese Yen CNHJPY or another symbol? Try our Free Forex Trend Analysis Report.