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Forex Trend Analysis Report

Prepared for you on Tuesday, October 23, 2018.

Japanese Yen/ (FOREX:JPYRSD)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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_JPYRSD
Open High Low JPYRSD Price Change
0.917585 0.924950 0.917450 0.919920 +0.002335
Entry Signal

MarketClub’s Trade Triangles for JPYRSD

long term down The long term trend has been DOWN since Sep 20th, 2018 at 0.893530

intermediate term up The intermediate term trend has been UP since Oct 8th, 2018 at 0.909700

short term up The short term trend has been UP since Oct 23rd, 2018 at 0.922295

Smart Scan Analysis for JPYRSD

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

+60
Smart Scan Analysis for JPYRSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.917585 0.924950 0.917450 0.919920 +0.002335
Prev. Close Volume Bid Ask Time
0.917585 0.918950 0.920890 2018-10-23 16:50:47
Want to analyze Japanese Yen/ JPYRSD or another symbol? Try our Free Forex Trend Analysis Report.