Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, December 9, 2019.

Euro/Japanese Yen (FOREX:EURJPY)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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_EURJPY
Open High Low EURJPY Price Change
120.0520 120.2700 119.9955 120.1530 +0.1010
Entry Signal

MarketClub’s Trade Triangles for EURJPY

long term down The long term trend has been DOWN since Dec 21st, 2018 at 126.717

intermediate term up The intermediate term trend has been UP since Dec 1st, 2019 at 120.755

short term down The short term trend has been DOWN since Dec 3rd, 2019 at 120.410

Smart Scan Analysis for EURJPY

Based on a pre-defined weighted trend formula for chart analysis, EURJPY scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for EURJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
120.0520 120.2700 119.9955 120.1530 +0.1010
Prev. Close Volume Bid Ask Time
120.0520 120.1490 120.1570 2019-12-09 13:18:53
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