Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Monday, January 20, 2020.

Euro/Japanese Yen (FOREX:EURJPY)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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
122.2705 122.3200 122.0250 122.1465 -0.1240
Entry Signal

MarketClub’s Trade Triangles for EURJPY

long term up The long term trend has been UP since Dec 12th, 2019 at 121.480

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 Jan 19th, 2020 at 122.120

Smart Scan Analysis for EURJPY

Based on a pre-defined weighted trend formula for chart analysis, EURJPY scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for EURJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
122.2705 122.3200 122.0250 122.1465 -0.1240
Prev. Close Volume Bid Ask Time
122.2705 122.1420 122.1510 2020-01-20 12:36:00
Get a free daily report for Euro/Japanese Yen (EURJPY) - Free Trend Analysis Report.