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.

FOREX_JPYCAD
Open High Low JPYCAD Price Change
0.01220616 0.01220616 0.01220616 0.01220616 0.00000000
Entry Signal

MarketClub’s Trade Triangles for JPYCAD

long term down The long term trend has been DOWN since Oct 25th, 2019 at 0.01201500

intermediate term down The intermediate term trend has been DOWN since Dec 5th, 2019 at 0.01209600

short term down 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).

-80
Smart Scan Analysis for JPYCAD
Strong Downtrend Sideways 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
Want to analyze Japanese Yen/Canadian Dollar JPYCAD or another symbol? Try our Free Forex Trend Analysis Report.