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Forex Trend Analysis Report

Prepared for you on Sunday, August 19, 2018.

Japanese Yen/Chinese Renminbi Yuan (FOREX:JPYCNY)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_JPYCNY
Open High Low JPYCNY Price Change
0.062200 0.062222 0.062197 0.062197 -0.000003
Entry Signal

MarketClub’s Trade Triangles for JPYCNY

long term up The long term trend has been UP since Feb 14th, 2018 at 0.059580

intermediate term up The intermediate term trend has been UP since May 25th, 2018 at 0.058500

short term up The short term trend has been UP since Aug 8th, 2018 at 0.061643

Smart Scan Analysis for JPYCNY

Based on a pre-defined weighted trend formula for chart analysis, JPYCNY scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for JPYCNY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.062200 0.062222 0.062197 0.062197 -0.000003
Prev. Close Volume Bid Ask Time
0.062200 0.062118 0.062276 2018-08-19 08:01:45
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