Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, February 19, 2019.

US Dollar/Japanese Yen (FOREX:USDJPY)

Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight 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_USDJPY
Open High Low USDJPY Price Change
110.4775 110.6885 110.4725 110.6800 +0.2025
Entry Signal

MarketClub’s Trade Triangles for USDJPY

long term down The long term trend has been DOWN since Dec 24th, 2018 at 110.4075

intermediate term up The intermediate term trend has been UP since Feb 4th, 2019 at 109.9450

short term up The short term trend has been UP since Feb 4th, 2019 at 109.6135

Smart Scan Analysis for USDJPY

Based on a pre-defined weighted trend formula for chart analysis, USDJPY scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+70
Smart Scan Analysis for USDJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
110.4775 110.6885 110.4725 110.6800 +0.2025
Prev. Close Volume Bid Ask Time
110.4825 110.6700 110.6900 2019-02-19 03:20:01
Want to analyze US Dollar/Japanese Yen USDJPY or another symbol? Try our Free Forex Trend Analysis Report.