Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, January 22, 2019.

Japanese Yen/Brazilian Real (FOREX:JPYBRL)

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_JPYBRL
Open High Low JPYBRL Price Change
0.034320 0.034919 0.034244 0.034884 +0.000564
Entry Signal

MarketClub’s Trade Triangles for JPYBRL

long term up The long term trend has been UP since Jan 2nd, 2019 at 0.035646

intermediate term down The intermediate term trend has been DOWN since Jan 7th, 2019 at 0.034200

short term up The short term trend has been UP since Jan 17th, 2019 at 0.034522

Smart Scan Analysis for JPYBRL

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

+75
Smart Scan Analysis for JPYBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.034320 0.034919 0.034244 0.034884 +0.000564
Prev. Close Volume Bid Ask Time
0.034320 0.034852 0.034917 2019-01-22 18:18:06
Want to analyze Japanese Yen/Brazilian Real JPYBRL or another symbol? Try our Free Forex Trend Analysis Report.