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Forex Trend Analysis Report

Prepared for you on Saturday, December 15, 2018.

Japanese Yen/Mexican Peso (FOREX:JPYMXN)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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_JPYMXN
Open High Low JPYMXN Price Change
0.17841 0.17841 0.17841 0.17841 0.00000
Entry Signal

MarketClub’s Trade Triangles for JPYMXN

long term up The long term trend has been UP since Nov 19th, 2018 at 0.180550

intermediate term up The intermediate term trend has been UP since Oct 10th, 2018 at 0.169395

short term up The short term trend has been UP since Dec 14th, 2018 at 0.179965

Smart Scan Analysis for JPYMXN

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

+70
Smart Scan Analysis for JPYMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.17841 0.17841 0.17841 0.17841 0.00000
Prev. Close Volume Bid Ask Time
0.17841 0.17828 0.17854 2018-12-15 02:26:11
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