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Forex Trend Analysis Report

Prepared for you on Sunday, August 19, 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
54.8255 54.9085 54.6425 54.9055 +0.0800
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 Aug 8th, 2018 at 55.4675

short term down The short term trend has been DOWN since Aug 3rd, 2018 at 55.5685

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
54.8255 54.9085 54.6425 54.9055 +0.0800
Prev. Close Volume Bid Ask Time
54.8255 54.8830 54.9280 2018-08-17 17:27:09
Want to analyze /Japanese Yen LFXJPY or another symbol? Try our Free Forex Trend Analysis Report.