Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Wednesday, December 12, 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
113.4575 113.4975 113.1480 113.4940 +0.0365
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 Dec 6th, 2018 at 112.3250

short term up The short term trend has been UP since Dec 10th, 2018 at 113.1050

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
113.4575 113.4975 113.1480 113.4940 +0.0365
Prev. Close Volume Bid Ask Time
113.4575 113.4890 113.4990 2018-12-12 22:30:19
Want to analyze US Dollar/Japanese Yen USDJPY or another symbol? Try our Free Forex Trend Analysis Report.