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Forex Trend Analysis Report

Prepared for you on Monday, December 17, 2018.

Japanese Yen/Indian Rupee (FOREX:JPYINR)

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.

FOREX_JPYINR
Open High Low JPYINR Price Change
0.634115 0.634115 0.634115 0.634115 0.000000
Entry Signal

MarketClub’s Trade Triangles for JPYINR

long term down The long term trend has been DOWN since Dec 2nd, 2018 at 0.612555

intermediate term up The intermediate term trend has been UP since Dec 10th, 2018 at 0.638140

short term down The short term trend has been DOWN since Dec 13th, 2018 at 0.631230

Smart Scan Analysis for JPYINR

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

-55
Smart Scan Analysis for JPYINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.634115 0.634115 0.634115 0.634115 0.000000
Prev. Close Volume Bid Ask Time
0.634115 0.633490 0.634740 2018-12-16 20:54:00
Want to analyze Japanese Yen/Indian Rupee JPYINR or another symbol? Try our Free Forex Trend Analysis Report.