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Forex Trend Analysis Report

Prepared for you on Thursday, February 21, 2019.

/Japanese Yen (FOREX:CNHJPY)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_CNHJPY
Open High Low CNHJPY Price Change
16.54045 16.56295 16.46145 16.46375 -0.07670
Entry Signal

MarketClub’s Trade Triangles for CNHJPY

long term up The long term trend has been UP since Feb 21st, 2019 at 16.56190

intermediate term up The intermediate term trend has been UP since Jan 18th, 2019 at 16.17500

short term up The short term trend has been UP since Feb 19th, 2019 at 16.34975

Smart Scan Analysis for CNHJPY

Based on a pre-defined weighted trend formula for chart analysis, CNHJPY scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for CNHJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.54045 16.56295 16.46145 16.46375 -0.07670
Prev. Close Volume Bid Ask Time
16.54045 16.46200 16.46550 2019-02-21 05:49:40
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