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Forex Trend Analysis Report

Prepared for you on Wednesday, July 18, 2018.

Japanese Yen/South African Rand (FOREX:JPYZAR)

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_JPYZAR
Open High Low JPYZAR Price Change
0.117510 0.118070 0.117460 0.117995 +0.000485
Entry Signal

MarketClub’s Trade Triangles for JPYZAR

long term up The long term trend has been UP since Apr 25th, 2018 at 0.114080

intermediate term down The intermediate term trend has been DOWN since Jul 9th, 2018 at 0.121245

short term down The short term trend has been DOWN since Jul 3rd, 2018 at 0.123540

Smart Scan Analysis for JPYZAR

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

-60
Smart Scan Analysis for JPYZAR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.117510 0.118070 0.117460 0.117995 +0.000485
Prev. Close Volume Bid Ask Time
0.117510 0.117960 0.118030 2018-07-18 08:12:31
Want to analyze Japanese Yen/South African Rand JPYZAR or another symbol? Try our Free Forex Trend Analysis Report.