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Forex Trend Analysis Report

Prepared for you on Friday, November 16, 2018.

Japanese Yen/Icelandic Krona (FOREX:JPYISK)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend 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.

FOREX_JPYISK
Open High Low JPYISK Price Change
1.0961 1.0961 1.0961 1.0961 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 up The intermediate term trend has been UP since Sep 7th, 2018 at 0.9597

short term up The short term trend has been UP since Aug 28th, 2018 at 0.9563

Smart Scan Analysis for JPYISK

Based on a pre-defined weighted trend formula for chart analysis, JPYISK scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+80
Smart Scan Analysis for JPYISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.0961 1.0961 1.0961 1.0961 0.0000
Prev. Close Volume Bid Ask Time
1.0961 1.0929 1.0993 2018-11-15 08:33:48
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