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Forex Trend Analysis Report

Prepared for you on Friday, January 17, 2020.

Japanese Yen/Czech Koruna (FOREX:JPYCZK)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_JPYCZK
Open High Low JPYCZK Price Change
0.20510822 0.20597315 0.20484042 0.20581312 +0.00070500
Entry Signal

MarketClub’s Trade Triangles for JPYCZK

long term down The long term trend has been DOWN since Dec 12th, 2019 at 0.21013761

intermediate term down The intermediate term trend has been DOWN since Jan 8th, 2020 at 0.20777939

short term down The short term trend has been DOWN since Jan 6th, 2020 at 0.20822064

Smart Scan Analysis for JPYCZK

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

-100
Smart Scan Analysis for JPYCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.20510822 0.20597315 0.20484042 0.20581312 +0.00070500
Prev. Close Volume Bid Ask Time
0.20510822 0.20571080 0.20591543 2020-01-17 13:40:59
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