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Forex Trend Analysis Report

Prepared for you on Tuesday, July 17, 2018.

Japanese Yen/Malaysian Ringt (FOREX:JPYMYR)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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_JPYMYR
Open High Low JPYMYR Price Change
0.035867 0.035999 0.035761 0.035857 -0.000010
Entry Signal

MarketClub’s Trade Triangles for JPYMYR

long term up The long term trend has been UP since Mar 1st, 2018 at 0.036850

intermediate term down The intermediate term trend has been DOWN since Jul 10th, 2018 at 0.036095

short term down The short term trend has been DOWN since Jul 9th, 2018 at 0.036495

Smart Scan Analysis for JPYMYR

Based on a pre-defined weighted trend formula for chart analysis, JPYMYR scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for JPYMYR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.035867 0.035999 0.035761 0.035857 -0.000010
Prev. Close Volume Bid Ask Time
0.035867 0.035835 0.035879 2018-07-17 17:13:05
Want to analyze Japanese Yen/Malaysian Ringt JPYMYR or another symbol? Try our Free Forex Trend Analysis Report.