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Forex Trend Analysis Report

Prepared for you on Monday, February 19, 2018.

Saudi Arabian Riyal/Japanese Yen (FOREX:SARJPY)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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
28.4135 28.4585 28.3865 28.4125 -0.0010
Entry Signal

MarketClub’s Trade Triangles for SARJPY

long term down The long term trend has been DOWN since Jan 15th, 2018 at 29.5630

intermediate term down The intermediate term trend has been DOWN since Jan 2nd, 2018 at 29.8915

short term down The short term trend has been DOWN since Feb 9th, 2018 at 28.9395

Smart Scan Analysis for SARJPY

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

-100
Smart Scan Analysis for SARJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
28.4135 28.4585 28.3865 28.4125 -0.0010
Prev. Close Volume Bid Ask Time
28.4135 28.3820 28.4430 2018-02-19 18:26:49
Want to analyze Saudi Arabian Riyal/Japanese Yen SARJPY or another symbol? Try our Free Forex Trend Analysis Report.