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Forex Trend Analysis Report

Prepared for you on Sunday, April 21, 2019.

Chinese Yuan Renminbi/Japanese Yen (FOREX:CNYJPY)

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_CNYJPY
Open High Low CNYJPY Price Change
16.6955 16.6955 16.6955 16.6955 0.0000
Entry Signal

MarketClub’s Trade Triangles for CNYJPY

long term up The long term trend has been UP since Feb 25th, 2019 at 16.5600

intermediate term up The intermediate term trend has been UP since Apr 12th, 2019 at 16.6655

short term up The short term trend has been UP since Apr 11th, 2019 at 16.6210

Smart Scan Analysis for CNYJPY

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

+90
Smart Scan Analysis for CNYJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.6955 16.6955 16.6955 16.6955 0.0000
Prev. Close Volume Bid Ask Time
16.6955 16.6910 16.7000 2019-04-21 00:11:12
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