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Forex Trend Analysis Report

Prepared for you on Sunday, May 27, 2018.

Saudi Arabian Riyal/Japanese Yen (FOREX:SARJPY)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management 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_SARJPY
Open High Low SARJPY Price Change
29.2240 29.2250 29.1025 29.1690 -0.0550
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 up The intermediate term trend has been UP since Apr 5th, 2018 at 28.6050

short term down The short term trend has been DOWN since May 23rd, 2018 at 29.4365

Smart Scan Analysis for SARJPY

Based on a pre-defined weighted trend formula for chart analysis, SARJPY scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+65
Smart Scan Analysis for SARJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
29.2240 29.2250 29.1025 29.1690 -0.0550
Prev. Close Volume Bid Ask Time
29.2240 29.1360 29.2020 2018-05-25 16:43:31
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