Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Sunday, July 21, 2019.

Canadian Dollar/Japanese Yen (FOREX:CADJPY)

Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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_CADJPY
Open High Low CADJPY Price Change
82.3995 82.3995 82.3920 82.3995 0.0000
Entry Signal

MarketClub’s Trade Triangles for CADJPY

long term down The long term trend has been DOWN since Dec 6th, 2018 at 83.799

intermediate term up The intermediate term trend has been UP since Jun 26th, 2019 at 82.142

short term down The short term trend has been DOWN since Jul 15th, 2019 at 82.640

Smart Scan Analysis for CADJPY

Based on a pre-defined weighted trend formula for chart analysis, CADJPY scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-75
Smart Scan Analysis for CADJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
82.3995 82.3995 82.3920 82.3995 0.0000
Prev. Close Volume Bid Ask Time
82.3995 82.3840 82.4150 2019-07-21 14:58:12
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