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Forex Trend Analysis Report

Prepared for you on Sunday, February 18, 2018.

US Dollar/Japanese Yen (FOREX:USDJPY)

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_USDJPY
Open High Low USDJPY Price Change
106.3150 106.3900 106.1420 106.2445 -0.0705
Entry Signal

MarketClub’s Trade Triangles for USDJPY

long term down The long term trend has been DOWN since Jan 14th, 2018 at 110.859

intermediate term down The intermediate term trend has been DOWN since Jan 10th, 2018 at 112.097

short term down The short term trend has been DOWN since Feb 9th, 2018 at 108.486

Smart Scan Analysis for USDJPY

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

-100
Smart Scan Analysis for USDJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
106.3150 106.3900 106.1420 106.2445 -0.0705
Prev. Close Volume Bid Ask Time
106.3150 106.2410 106.2480 2018-02-18 21:01:34
Want to analyze US Dollar/Japanese Yen USDJPY or another symbol? Try our Free Forex Trend Analysis Report.