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Forex Trend Analysis Report

Prepared for you on Monday, December 10, 2018.

/Japanese Yen (FOREX:LFXJPY)

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_LFXJPY
Open High Low LFXJPY Price Change
55.4385 55.5625 55.4345 55.5365 +0.0980
Entry Signal

MarketClub’s Trade Triangles for LFXJPY

long term up The long term trend has been UP since Jul 17th, 2018 at 56.2625

intermediate term down The intermediate term trend has been DOWN since Dec 5th, 2018 at 55.4775

short term down The short term trend has been DOWN since Dec 4th, 2018 at 55.8405

Smart Scan Analysis for LFXJPY

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

-60
Smart Scan Analysis for LFXJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
55.4385 55.5625 55.4345 55.5365 +0.0980
Prev. Close Volume Bid Ask Time
55.4385 55.5140 55.5590 2018-12-10 12:05:22
Want to analyze /Japanese Yen LFXJPY or another symbol? Try our Free Forex Trend Analysis Report.