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Forex Trend Analysis Report

Prepared for you on Friday, November 16, 2018.

Japanese Yen/Chinese Renminbi Yuan (FOREX:JPYCNY)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.

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
0.061193 0.061365 0.061170 0.061304 +0.000111
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 down The intermediate term trend has been DOWN since Nov 4th, 2018 at 0.060804

short term up The short term trend has been UP since Nov 14th, 2018 at 0.061317

Smart Scan Analysis for JPYCNY

Based on a pre-defined weighted trend formula for chart analysis, JPYCNY scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for JPYCNY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.061193 0.061365 0.061170 0.061304 +0.000111
Prev. Close Volume Bid Ask Time
0.061193 0.061285 0.061323 2018-11-16 04:29:53
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