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Forex Trend Analysis Report

Prepared for you on Friday, July 20, 2018.

Japanese Yen/Indonesian Rupiah (FOREX:JPYIDR)

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.

Open High Low JPYIDR Price Change
128.165 128.895 128.045 128.505 +0.340
Entry Signal

MarketClub’s Trade Triangles for JPYIDR

long term down The long term trend has been DOWN since Jun 4th, 2018 at 126.475

intermediate term down The intermediate term trend has been DOWN since Jul 15th, 2018 at 127.510

short term up The short term trend has been UP since Jul 18th, 2018 at 128.050

Smart Scan Analysis for JPYIDR

Based on a pre-defined weighted trend formula for chart analysis, JPYIDR scored -85 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
128.165 128.895 128.045 128.505 +0.340
Prev. Close Volume Bid Ask Time
128.165 128.470 128.540 2018-07-20 21:55:02
Want to analyze Japanese Yen/Indonesian Rupiah JPYIDR or another symbol? Try our Free Forex Trend Analysis Report.