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Forex Trend Analysis Report

Prepared for you on Wednesday, July 18, 2018.

Japanese Yen/Mexican Peso (FOREX:JPYMXN)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_JPYMXN
Open High Low JPYMXN Price Change
0.167260 0.168130 0.167220 0.167995 +0.000735
Entry Signal

MarketClub’s Trade Triangles for JPYMXN

long term down The long term trend has been DOWN since Jul 12th, 2018 at 0.167575

intermediate term down The intermediate term trend has been DOWN since Jun 25th, 2018 at 0.181305

short term down The short term trend has been DOWN since Jun 17th, 2018 at 0.186355

Smart Scan Analysis for JPYMXN

Based on a pre-defined weighted trend formula for chart analysis, JPYMXN scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for JPYMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.167260 0.168130 0.167220 0.167995 +0.000735
Prev. Close Volume Bid Ask Time
0.167260 0.167960 0.168030 2018-07-18 08:21:42
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