Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Tuesday, September 17, 2019.

Japanese Yen/United Arab Emirates Dirham (FOREX:JPYAED)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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_JPYAED
Open High Low JPYAED Price Change
0.033938 0.033972 0.033938 0.033968 +0.000030
Entry Signal

MarketClub’s Trade Triangles for JPYAED

long term up The long term trend has been UP since May 31st, 2019 at 0.033741

intermediate term down The intermediate term trend has been DOWN since Sep 5th, 2019 at 0.034415

short term down The short term trend has been DOWN since Sep 17th, 2019 at 0.033964

Smart Scan Analysis for JPYAED

Based on a pre-defined weighted trend formula for chart analysis, JPYAED scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for JPYAED
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.033938 0.033972 0.033938 0.033968 +0.000030
Prev. Close Volume Bid Ask Time
0.033938 0.033961 0.033976 2019-09-17 04:45:36
Want to analyze Japanese Yen/United Arab Emirates Dirham JPYAED or another symbol? Try our Free Forex Trend Analysis Report.