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Forex Trend Analysis Report

Prepared for you on Sunday, August 19, 2018.

Saudi Arabian Riyal/Japanese Yen (FOREX:SARJPY)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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.

Open High Low SARJPY Price Change
29.5615 29.5615 29.4180 29.4725 -0.0890
Entry Signal

MarketClub’s Trade Triangles for SARJPY

long term up The long term trend has been UP since May 15th, 2018 at 29.4285

intermediate term down The intermediate term trend has been DOWN since Aug 1st, 2018 at 29.3260

short term up The short term trend has been UP since Aug 14th, 2018 at 29.6560

Smart Scan Analysis for SARJPY

Based on a pre-defined weighted trend formula for chart analysis, SARJPY scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for SARJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
29.5615 29.5615 29.4180 29.4725 -0.0890
Prev. Close Volume Bid Ask Time
29.5615 29.4380 29.5070 2018-08-17 18:27:35
Want to analyze Saudi Arabian Riyal/Japanese Yen SARJPY or another symbol? Try our Free Forex Trend Analysis Report.