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Forex Trend Analysis Report

Prepared for you on Friday, June 23, 2017.

Japanese Yen/Chilean Peso (FOREX:JPYCLP)

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_JPYCLP
Open High Low JPYCLP Price Change
5.9588 5.9637 5.9487 5.9614 +0.0026
Entry Signal

MarketClub’s Trade Triangles for JPYCLP

long term up The long term trend has been UP since Mar 22nd, 2017 at 5.92320

intermediate term down The intermediate term trend has been DOWN since Jun 19th, 2017 at 5.98290

short term down The short term trend has been DOWN since Jun 14th, 2017 at 5.99575

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).

-60
Smart Scan Analysis for JPYCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
5.9588 5.9637 5.9487 5.9614 +0.0026
Prev. Close Volume Bid Ask Time
5.9588 5.9578 5.9650 2017-06-23 11:33:47
Want to analyze Japanese Yen/Chilean Peso JPYCLP or another symbol? Try our Free Forex Trend Analysis Report.