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Forex Trend Analysis Report

Prepared for you on Saturday, July 20, 2019.

US Dollar/Japanese Yen (FOREX:USDJPY)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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
107.715 107.725 107.695 107.695 -0.020
Entry Signal

MarketClub’s Trade Triangles for USDJPY

long term down The long term trend has been DOWN since May 31st, 2019 at 108.861

intermediate term up The intermediate term trend has been UP since Jul 8th, 2019 at 108.728

short term down The short term trend has been DOWN since Jul 10th, 2019 at 108.281

Smart Scan Analysis for USDJPY

Based on a pre-defined weighted trend formula for chart analysis, USDJPY scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for USDJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
107.715 107.725 107.695 107.695 -0.020
Prev. Close Volume Bid Ask Time
107.715 107.680 107.710 2019-07-20 16:26:56
Want to analyze US Dollar/Japanese Yen USDJPY or another symbol? Try our Free Forex Trend Analysis Report.