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Forex Trend Analysis Report

Prepared for you on Tuesday, January 21, 2020.

Japanese Yen/Singapore Dollar (FOREX:JPYSGD)

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_JPYSGD
Open High Low JPYSGD Price Change
0.012265 0.012282 0.012255 0.012257 -0.000008
Entry Signal

MarketClub’s Trade Triangles for JPYSGD

long term down The long term trend has been DOWN since Nov 4th, 2019 at 0.012486

intermediate term down The intermediate term trend has been DOWN since Jan 9th, 2020 at 0.012338

short term up The short term trend has been UP since Jan 20th, 2020 at 0.012242

Smart Scan Analysis for JPYSGD

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

-85
Smart Scan Analysis for JPYSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.012265 0.012282 0.012255 0.012257 -0.000008
Prev. Close Volume Bid Ask Time
0.012265 0.011757 0.012757 2020-01-21 08:50:46
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