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Forex Trend Analysis Report

Prepared for you on Sunday, January 19, 2020.

Chinese Yuan Renminbi/Japanese Yen (FOREX:CNYJPY)

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_CNYJPY
Open High Low CNYJPY Price Change
16.059273 16.059273 16.059273 16.059273 0.000000
Entry Signal

MarketClub’s Trade Triangles for CNYJPY

long term up The long term trend has been UP since Dec 12th, 2019 at 15.687115

intermediate term up The intermediate term trend has been UP since Dec 12th, 2019 at 15.643782

short term up The short term trend has been UP since Jan 7th, 2020 at 15.601028

Smart Scan Analysis for CNYJPY

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

+90
Smart Scan Analysis for CNYJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.059273 16.059273 16.059273 16.059273 0.000000
Prev. Close Volume Bid Ask Time
16.059273 16.038163 16.080383 2020-01-19 05:49:06
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