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Forex Trend Analysis Report

Prepared for you on Sunday, September 24, 2017.

Chinese Renminbi Yuan/Japanese Yen (FOREX:CNYJPY)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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_CNYJPY
Open High Low CNYJPY Price Change
16.9845 16.9865 16.9645 16.9645 -0.0200
Entry Signal

MarketClub’s Trade Triangles for CNYJPY

long term up The long term trend has been UP since Jul 3rd, 2017 at 16.6380

intermediate term up The intermediate term trend has been UP since Aug 27th, 2017 at 16.5815

short term up The short term trend has been UP since Sep 12th, 2017 at 16.7735

Smart Scan Analysis for CNYJPY

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

+90
Smart Scan Analysis for CNYJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.9845 16.9865 16.9645 16.9645 -0.0200
Prev. Close Volume Bid Ask Time
16.9845 16.9430 16.9860 2017-09-24 15:21:27
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