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Forex Trend Analysis Report

Prepared for you on Thursday, April 26, 2018.

Japanese Yen/Mexican Peso (FOREX:JPYMXN)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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
0.172555 0.172650 0.172445 0.172445 -0.000110
Entry Signal

MarketClub’s Trade Triangles for JPYMXN

long term up The long term trend has been UP since Oct 9th, 2017 at 0.165625

intermediate term up The intermediate term trend has been UP since Apr 23rd, 2018 at 0.173555

short term up The short term trend has been UP since Apr 18th, 2018 at 0.168725

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
0.172555 0.172650 0.172445 0.172445 -0.000110
Prev. Close Volume Bid Ask Time
0.172555 0.172410 0.172480 2018-04-26 01:39:55
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