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Forex Trend Analysis Report

Prepared for you on Tuesday, September 18, 2018.

British Pound/Japanese Yen (FOREX:GBPJPY)

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_GBPJPY
Open High Low GBPJPY Price Change
147.1435 148.0000 146.9400 147.8895 +0.7460
Entry Signal

MarketClub’s Trade Triangles for GBPJPY

long term down The long term trend has been DOWN since Feb 28th, 2018 at 146.9855

intermediate term up The intermediate term trend has been UP since Aug 29th, 2018 at 144.8550

short term up The short term trend has been UP since Sep 5th, 2018 at 144.0050

Smart Scan Analysis for GBPJPY

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

+70
Smart Scan Analysis for GBPJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
147.1435 148.0000 146.9400 147.8895 +0.7460
Prev. Close Volume Bid Ask Time
147.1435 147.8820 147.8970 2018-09-18 21:13:18
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