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Forex Trend Analysis Report

Prepared for you on Tuesday, March 20, 2018.

Japanese Yen/Chilean Peso (FOREX:JPYCLP)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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.

Open High Low JPYCLP Price Change
5.73200 5.73800 5.71495 5.72810 -0.00390
Entry Signal

MarketClub’s Trade Triangles for JPYCLP

long term down The long term trend has been DOWN since Dec 19th, 2017 at 5.50495

intermediate term up The intermediate term trend has been UP since Jan 19th, 2018 at 5.49690

short term up The short term trend has been UP since Mar 15th, 2018 at 5.68080

Smart Scan Analysis for JPYCLP

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

Smart Scan Analysis for JPYCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.73200 5.73800 5.71495 5.72810 -0.00390
Prev. Close Volume Bid Ask Time
5.73200 5.72340 5.73280 2018-03-20 11:53:42
Want to analyze Japanese Yen/Chilean Peso JPYCLP or another symbol? Try our Free Forex Trend Analysis Report.