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Forex Trend Analysis Report

Prepared for you on Sunday, June 17, 2018.

US Dollar/Japanese Yen (FOREX:USDJPY)

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_USDJPY
Open High Low USDJPY Price Change
110.6750 110.7300 110.6135 110.6960 +0.0210
Entry Signal

MarketClub’s Trade Triangles for USDJPY

long term up The long term trend has been UP since May 15th, 2018 at 110.3815

intermediate term down The intermediate term trend has been DOWN since May 29th, 2018 at 108.7745

short term up The short term trend has been UP since Jun 11th, 2018 at 110.0845

Smart Scan Analysis for USDJPY

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

+75
Smart Scan Analysis for USDJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
110.6750 110.7300 110.6135 110.6960 +0.0210
Prev. Close Volume Bid Ask Time
110.6750 110.6870 110.7050 2018-06-17 17:44:12
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