Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, November 14, 2018.

Japanese Yen/British Pound (FOREX:JPYGBP)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight 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_JPYGBP
Open High Low JPYGBP Price Change
0.006749 0.006782 0.006748 0.006777 +0.000028
Entry Signal

MarketClub’s Trade Triangles for JPYGBP

long term down The long term trend has been DOWN since Sep 20th, 2018 at 0.006698

intermediate term down The intermediate term trend has been DOWN since Nov 6th, 2018 at 0.006741

short term up The short term trend has been UP since Nov 11th, 2018 at 0.006780

Smart Scan Analysis for JPYGBP

Based on a pre-defined weighted trend formula for chart analysis, JPYGBP scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for JPYGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.006749 0.006782 0.006748 0.006777 +0.000028
Prev. Close Volume Bid Ask Time
0.006749 0.006757 0.006797 2018-11-14 06:02:14
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