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Forex Trend Analysis Report

Prepared for you on Friday, April 20, 2018.

Japanese Yen/Indonesian Rupiah (FOREX:JPYIDR)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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.

Open High Low JPYIDR Price Change
128.265 128.945 128.240 128.745 +0.480
Entry Signal

MarketClub’s Trade Triangles for JPYIDR

long term up The long term trend has been UP since Jan 25th, 2018 at 122.130

intermediate term down The intermediate term trend has been DOWN since Apr 13th, 2018 at 127.695

short term up The short term trend has been UP since Apr 17th, 2018 at 128.655

Smart Scan Analysis for JPYIDR

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

Smart Scan Analysis for JPYIDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
128.265 128.945 128.240 128.745 +0.480
Prev. Close Volume Bid Ask Time
128.265 128.710 128.780 2018-04-20 14:14:01
Want to analyze Japanese Yen/Indonesian Rupiah JPYIDR or another symbol? Try our Free Forex Trend Analysis Report.