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Forex Trend Analysis Report

Prepared for you on Thursday, July 19, 2018.

Japanese Yen/Icelandic Krona (FOREX:JPYISK)

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_JPYISK
Open High Low JPYISK Price Change
0.9490 0.9490 0.9490 0.9490 0.0000
Entry Signal

MarketClub’s Trade Triangles for JPYISK

long term up The long term trend has been UP since May 31st, 2018 at 0.9306

intermediate term down The intermediate term trend has been DOWN since Dec 6th, 2017 at 0.9290

short term down The short term trend has been DOWN since Jul 12th, 2018 at 0.9616

Smart Scan Analysis for JPYISK

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

-70
Smart Scan Analysis for JPYISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.9490 0.9490 0.9490 0.9490 0.0000
Prev. Close Volume Bid Ask Time
0.9490 0.9462 0.9518 2018-07-19 09:09:23
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