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Forex Trend Analysis Report

Prepared for you on Monday, December 9, 2019.

Canadian Dollar/Japanese Yen (FOREX:CADJPY)

Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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.

Open High Low CADJPY Price Change
81.8700 82.1300 81.7400 82.0755 +0.2055
Entry Signal

MarketClub’s Trade Triangles for CADJPY

long term up The long term trend has been UP since Oct 25th, 2019 at 83.23000

intermediate term up The intermediate term trend has been UP since Dec 5th, 2019 at 82.63057

short term down The short term trend has been DOWN since Dec 9th, 2019 at 81.84000

Smart Scan Analysis for CADJPY

Based on a pre-defined weighted trend formula for chart analysis, CADJPY scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

Smart Scan Analysis for CADJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
81.8700 82.1300 81.7400 82.0755 +0.2055
Prev. Close Volume Bid Ask Time
81.8700 82.0720 82.0790 2019-12-09 14:35:05
Want to analyze Canadian Dollar/Japanese Yen CADJPY or another symbol? Try our Free Forex Trend Analysis Report.