Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, December 10, 2018.

Japanese Yen/Euro (FOREX:JPYEUR)

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

FOREX_JPYEUR
Open High Low JPYEUR Price Change
0.007786 0.007786 0.007769 0.007769 -0.000017
Entry Signal

MarketClub’s Trade Triangles for JPYEUR

long term down The long term trend has been DOWN since Sep 20th, 2018 at 0.007578

intermediate term down The intermediate term trend has been DOWN since Dec 2nd, 2018 at 0.007733

short term up The short term trend has been UP since Dec 4th, 2018 at 0.007787

Smart Scan Analysis for JPYEUR

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

-85
Smart Scan Analysis for JPYEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.007786 0.007786 0.007769 0.007769 -0.000017
Prev. Close Volume Bid Ask Time
0.007786 0.007766 0.007772 2018-12-10 03:22:00
Want to analyze Japanese Yen/Euro JPYEUR or another symbol? Try our Free Forex Trend Analysis Report.