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Forex Trend Analysis Report

Prepared for you on Saturday, January 25, 2020.

Japanese Yen/Icelandic Krona (FOREX:JPYISK)

Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.

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_JPYISK
Open High Low JPYISK Price Change
1.1267 1.1267 1.1267 1.1267 0.0000
Entry Signal

MarketClub’s Trade Triangles for JPYISK

long term down The long term trend has been DOWN since Oct 28th, 2019 at 1.1488

intermediate term up The intermediate term trend has been UP since Jan 7th, 2020 at 1.1201

short term up The short term trend has been UP since Jan 2nd, 2020 at 1.1181

Smart Scan Analysis for JPYISK

Based on a pre-defined weighted trend formula for chart analysis, JPYISK scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+50
Smart Scan Analysis for JPYISK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.1267 1.1267 1.1267 1.1267 0.0000
Prev. Close Volume Bid Ask Time
1.1267 1.1234 1.1300 2020-01-21 07:42:30
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