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Forex Trend Analysis Report

Prepared for you on Saturday, September 21, 2019.

Euro/Japanese Yen (FOREX:EURJPY)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.

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_EURJPY
Open High Low EURJPY Price Change
118.4650 118.5685 118.4650 118.4650 0.0000
Entry Signal

MarketClub’s Trade Triangles for EURJPY

long term down The long term trend has been DOWN since Dec 21st, 2018 at 126.7170

intermediate term up The intermediate term trend has been UP since Sep 8th, 2019 at 119.0300

short term down The short term trend has been DOWN since Sep 20th, 2019 at 118.9515

Smart Scan Analysis for EURJPY

Based on a pre-defined weighted trend formula for chart analysis, EURJPY scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-55
Smart Scan Analysis for EURJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
118.4650 118.5685 118.4650 118.4650 0.0000
Prev. Close Volume Bid Ask Time
118.465 118.4100 118.5200 2019-09-21 21:41:47
Want to analyze Euro/Japanese Yen EURJPY or another symbol? Try our Free Forex Trend Analysis Report.