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Forex Trend Analysis Report

Prepared for you on Monday, February 18, 2019.

Canadian Dollar/Japanese Yen (FOREX:CADJPY)

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_CADJPY
Open High Low CADJPY Price Change
83.516 83.597 83.500 83.595 +0.079
Entry Signal

MarketClub’s Trade Triangles for CADJPY

long term down The long term trend has been DOWN since Dec 6th, 2018 at 83.7990

intermediate term up The intermediate term trend has been UP since Jan 17th, 2019 at 82.3840

short term down The short term trend has been DOWN since Feb 15th, 2019 at 82.8605

Smart Scan Analysis for CADJPY

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

+55
Smart Scan Analysis for CADJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
83.516 83.597 83.500 83.595 +0.079
Prev. Close Volume Bid Ask Time
83.516 83.587 83.603 2019-02-18 04:44:55
Want to analyze Canadian Dollar/Japanese Yen CADJPY or another symbol? Try our Free Forex Trend Analysis Report.