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Forex Trend Analysis Report

Prepared for you on Wednesday, January 29, 2020.

Japanese Yen/Hong Kong Dollar (FOREX:JPYHKD)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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_JPYHKD
Open High Low JPYHKD Price Change
0.07119944 0.07130462 0.07119549 0.07126230 +0.00006300
Entry Signal

MarketClub’s Trade Triangles for JPYHKD

long term down The long term trend has been DOWN since Nov 7th, 2019 at 0.07163100

intermediate term down The intermediate term trend has been DOWN since Jan 9th, 2020 at 0.07095232

short term up The short term trend has been UP since Jan 20th, 2020 at 0.07059136

Smart Scan Analysis for JPYHKD

Based on a pre-defined weighted trend formula for chart analysis, JPYHKD scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for JPYHKD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.07119944 0.07130462 0.07119549 0.07126230 +0.00006300
Prev. Close Volume Bid Ask Time
0.07119944 0.07126001 0.07126459 2020-01-29 05:57:28
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