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Forex Trend Analysis Report

Prepared for you on Friday, April 20, 2018.

Japanese Yen/Argentine Peso (FOREX:JPYARS)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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_JPYARS
Open High Low JPYARS Price Change
0.187270 0.187585 0.187045 0.187555 +0.000285
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 Apr 5th, 2018 at 0.188255

short term down The short term trend has been DOWN since Apr 18th, 2018 at 0.187715

Smart Scan Analysis for JPYARS

Based on a pre-defined weighted trend formula for chart analysis, JPYARS scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for JPYARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.187270 0.187585 0.187045 0.187555 +0.000285
Prev. Close Volume Bid Ask Time
0.187270 0.187520 0.187590 2018-04-20 13:15:32
Want to analyze Japanese Yen/Argentine Peso JPYARS or another symbol? Try our Free Forex Trend Analysis Report.