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Forex Trend Analysis Report

Prepared for you on Wednesday, April 25, 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
108.8680 109.3755 108.8670 109.3300 +0.4620
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 up The intermediate term trend has been UP since Apr 5th, 2018 at 107.279

short term up The short term trend has been UP since Apr 19th, 2018 at 107.505

Smart Scan Analysis for USDJPY

Based on a pre-defined weighted trend formula for chart analysis, USDJPY scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for USDJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
108.8680 109.3755 108.8670 109.3300 +0.4620
Prev. Close Volume Bid Ask Time
108.8680 109.3280 109.3320 2018-04-25 14:06:46
Want to analyze US Dollar/Japanese Yen USDJPY or another symbol? Try our Free Forex Trend Analysis Report.