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Forex Trend Analysis Report

Prepared for you on Friday, January 18, 2019.

Japanese Yen/British Pound (FOREX:JPYGBP)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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
0.007048 0.007078 0.007039 0.007065 +0.000017
Entry Signal

MarketClub’s Trade Triangles for JPYGBP

long term up The long term trend has been UP since Dec 10th, 2018 at 0.007012

intermediate term down The intermediate term trend has been DOWN since Jan 17th, 2019 at 0.007090

short term down The short term trend has been DOWN since Jan 15th, 2019 at 0.007140

Smart Scan Analysis for JPYGBP

Based on a pre-defined weighted trend formula for chart analysis, JPYGBP scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for JPYGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.007048 0.007078 0.007039 0.007065 +0.000017
Prev. Close Volume Bid Ask Time
0.007048 0.007045 0.007085 2019-01-18 12:37:37
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