Analyze Symbol
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.
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MarketClub’s Trade Triangles for EURJPY
The long term trend has been DOWN since Dec 21st, 2018 at 126.7170
The intermediate term trend has been UP since Sep 8th, 2019 at 119.0300
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).
| 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 |