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Forex Trend Analysis Report

Prepared for you on Wednesday, July 18, 2018.

Japanese Yen/Argentine Peso (FOREX:JPYARS)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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_JPYARS
Open High Low JPYARS Price Change
0.243655 0.246045 0.243255 0.244775 +0.001120
Entry Signal

MarketClub’s Trade Triangles for JPYARS

long term up The long term trend has been UP since Dec 26th, 2017 at 0.160135

intermediate term down The intermediate term trend has been DOWN since Jul 10th, 2018 at 0.245325

short term up The short term trend has been UP since Jul 17th, 2018 at 0.243645

Smart Scan Analysis for JPYARS

Based on a pre-defined weighted trend formula for chart analysis, JPYARS scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for JPYARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.243655 0.246045 0.243255 0.244775 +0.001120
Prev. Close Volume Bid Ask Time
0.243655 0.244740 0.244810 2018-07-18 20:12:12
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