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Forex Trend Analysis Report

Prepared for you on Thursday, September 20, 2018.

Japanese Yen/Argentine Peso (FOREX:JPYARS)

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_JPYARS
Open High Low JPYARS Price Change
0.350515 0.350615 0.350055 0.350135 -0.000380
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 up The intermediate term trend has been UP since Aug 8th, 2018 at 0.248695

short term down The short term trend has been DOWN since Sep 19th, 2018 at 0.351975

Smart Scan Analysis for JPYARS

Based on a pre-defined weighted trend formula for chart analysis, JPYARS scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for JPYARS
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.350515 0.350615 0.350055 0.350135 -0.000380
Prev. Close Volume Bid Ask Time
0.350515 0.350100 0.350170 2018-09-20 06:07:14
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