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Forex Trend Analysis Report

Prepared for you on Wednesday, November 14, 2018.

Saudi Arabian Riyal/Japanese Yen (FOREX:SARJPY)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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
30.3785 30.3865 30.2415 30.2575 -0.1210
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 Nov 6th, 2018 at 30.2280

short term down The short term trend has been DOWN since Nov 12th, 2018 at 30.2995

Smart Scan Analysis for SARJPY

Based on a pre-defined weighted trend formula for chart analysis, SARJPY scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+75
Smart Scan Analysis for SARJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
30.3785 30.3865 30.2415 30.2575 -0.1210
Prev. Close Volume Bid Ask Time
30.3785 30.2220 30.2930 2018-11-14 22:39:33
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