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Forex Trend Analysis Report

Prepared for you on Wednesday, January 22, 2020.

Japanese Yen/Special Drawing Right (FOREX:JPYSDR)

Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. 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_JPYSDR
Open High Low JPYSDR Price Change
0.00660453 0.00660453 0.00660453 0.00660453 0.00000000
Entry Signal

MarketClub’s Trade Triangles for JPYSDR

long term down The long term trend has been DOWN since Nov 6th, 2019 at 0.00667200

intermediate term down The intermediate term trend has been DOWN since Jan 12th, 2020 at 0.00661012

short term down The short term trend has been DOWN since Jan 8th, 2020 at 0.00664656

Smart Scan Analysis for JPYSDR

Based on a pre-defined weighted trend formula for chart analysis, JPYSDR scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-90
Smart Scan Analysis for JPYSDR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.00660453 0.00660453 0.00660453 0.00660453 0.00000000
Prev. Close Volume Bid Ask Time
0.00660453 0.00660453 0.00660453 2020-01-12 13:08:57
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