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Forex Trend Analysis Report

Prepared for you on Wednesday, January 29, 2020.

Philippine Peso/Japanese Yen (FOREX:PHPJPY)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines 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_PHPJPY
Open High Low PHPJPY Price Change
2.1515881 2.1515881 2.1441361 2.1453004 -0.0062880
Entry Signal

MarketClub’s Trade Triangles for PHPJPY

long term up The long term trend has been UP since Oct 30th, 2019 at 2.1389000

intermediate term up The intermediate term trend has been UP since Jan 10th, 2020 at 2.1685489

short term down The short term trend has been DOWN since Jan 16th, 2020 at 2.1660911

Smart Scan Analysis for PHPJPY

Based on a pre-defined weighted trend formula for chart analysis, PHPJPY scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+55
Smart Scan Analysis for PHPJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
2.1515881 2.1515881 2.1441361 2.1453004 -0.0062880
Prev. Close Volume Bid Ask Time
2.1515881 2.1395467 2.1510542 2020-01-29 06:30:32
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