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Forex Trend Analysis Report

Prepared for you on Tuesday, June 19, 2018.

Indian Rupee/Japanese Yen (FOREX:INRJPY)

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_INRJPY
Open High Low INRJPY Price Change
1.61515 1.61790 1.60625 1.61165 -0.00350
Entry Signal

MarketClub’s Trade Triangles for INRJPY

long term down The long term trend has been DOWN since Jan 24th, 2018 at 1.71275

intermediate term up The intermediate term trend has been UP since Jun 4th, 2018 at 1.63780

short term down The short term trend has been DOWN since Jun 15th, 2018 at 1.62445

Smart Scan Analysis for INRJPY

Based on a pre-defined weighted trend formula for chart analysis, INRJPY scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for INRJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.61515 1.61790 1.60625 1.61165 -0.00350
Prev. Close Volume Bid Ask Time
1.61515 1.61160 1.61170 2018-06-19 23:53:17
Want to analyze Indian Rupee/Japanese Yen INRJPY or another symbol? Try our Free Forex Trend Analysis Report.