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Forex Trend Analysis Report

Prepared for you on Tuesday, January 21, 2020.

Japanese Yen/US Dollar (FOREX:JPYUSD)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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_JPYUSD
Open High Low JPYUSD Price Change
0.009094 0.009101 0.009084 0.009087 -0.000007
Entry Signal

MarketClub’s Trade Triangles for JPYUSD

long term down The long term trend has been DOWN since Nov 7th, 2019 at 0.009152

intermediate term up The intermediate term trend has been UP since Jan 2nd, 2020 at 0.009223

short term up The short term trend has been UP since Jan 20th, 2020 at 0.009088

Smart Scan Analysis for JPYUSD

Based on a pre-defined weighted trend formula for chart analysis, JPYUSD scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for JPYUSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.009094 0.009101 0.009084 0.009087 -0.000007
Prev. Close Volume Bid Ask Time
0.009094 0.009085 0.009089 2020-01-21 08:49:27
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