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Forex Trend Analysis Report

Prepared for you on Saturday, April 21, 2018.

Japanese Yen/Brazilian Real (FOREX:JPYBRL)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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.

Open High Low JPYBRL Price Change
0.031450 0.031745 0.031430 0.031695 +0.000245
Entry Signal

MarketClub’s Trade Triangles for JPYBRL

long term up The long term trend has been UP since Dec 13th, 2017 at 0.029500

intermediate term up The intermediate term trend has been UP since Jan 24th, 2018 at 0.029505

short term down The short term trend has been DOWN since Apr 18th, 2018 at 0.031545

Smart Scan Analysis for JPYBRL

Based on a pre-defined weighted trend formula for chart analysis, JPYBRL scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for JPYBRL
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.031450 0.031745 0.031430 0.031695 +0.000245
Prev. Close Volume Bid Ask Time
0.031450 0.031680 0.031710 2018-04-20 18:38:32
Want to analyze Japanese Yen/Brazilian Real JPYBRL or another symbol? Try our Free Forex Trend Analysis Report.