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Forex Trend Analysis Report

Prepared for you on Monday, December 9, 2019.

Japanese Yen/Swiss Franc (FOREX:JPYCHF)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend 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_JPYCHF
Open High Low JPYCHF Price Change
0.9122174 0.9132000 0.9093000 0.9098022 -0.0024150
Entry Signal

MarketClub’s Trade Triangles for JPYCHF

long term down The long term trend has been DOWN since Oct 21st, 2019 at 0.9060950

intermediate term down The intermediate term trend has been DOWN since Dec 3rd, 2019 at 0.9075852

short term up The short term trend has been UP since Dec 6th, 2019 at 0.9102000

Smart Scan Analysis for JPYCHF

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

-85
Smart Scan Analysis for JPYCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.9122174 0.9132000 0.9093000 0.9098022 -0.0024150
Prev. Close Volume Bid Ask Time
0.9122174 0.9097277 0.9098767 2019-12-09 14:51:18
Want to analyze Japanese Yen/Swiss Franc JPYCHF or another symbol? Try our Free Forex Trend Analysis Report.