Analyze Symbol
Forex Trend Analysis Report
Prepared for you on Sunday, December 8, 2019.
Japanese Yen/Canadian Dollar (FOREX:JPYCAD)
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.
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MarketClub’s Trade Triangles for JPYCAD
The long term trend has been DOWN since Oct 25th, 2019 at 0.01201500
The intermediate term trend has been DOWN since Dec 5th, 2019 at 0.01209600
The short term trend has been DOWN since Dec 5th, 2019 at 0.01210632
Smart Scan Analysis for JPYCAD
Based on a pre-defined weighted trend formula for chart analysis, JPYCAD scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.01220616 | 0.01220616 | 0.01220616 | 0.01220616 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.01220616 | 0.01220328 | 0.01220903 | 2019-12-08 11:25:28 |