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Forex Trend Analysis Report

Prepared for you on Monday, December 11, 2017.

US Dollar/Japanese Yen (FOREX:USDJPY)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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
113.5875 113.5970 113.5730 113.5955 +0.0080
Entry Signal

MarketClub’s Trade Triangles for USDJPY

long term up The long term trend has been UP since Nov 3rd, 2017 at 114.3240

intermediate term up The intermediate term trend has been UP since Dec 10th, 2017 at 113.5885

short term up The short term trend has been UP since Dec 7th, 2017 at 113.0525

Smart Scan Analysis for USDJPY

Based on a pre-defined weighted trend formula for chart analysis, USDJPY scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for USDJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
113.5875 113.5970 113.5730 113.5955 +0.0080
Prev. Close Volume Bid Ask Time
113.5875 113.5930 113.5980 2017-12-11 00:37:16
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