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Forex Trend Analysis Report

Prepared for you on Monday, February 18, 2019.

Japanese Yen/Chinese Renminbi Yuan (FOREX:JPYCNY)

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_JPYCNY
Open High Low JPYCNY Price Change
0.060959 0.061351 0.060955 0.061286 +0.000327
Entry Signal

MarketClub’s Trade Triangles for JPYCNY

long term up The long term trend has been UP since Feb 14th, 2018 at 0.059580

intermediate term down The intermediate term trend has been DOWN since Jan 18th, 2019 at 0.061780

short term up The short term trend has been UP since Feb 15th, 2019 at 0.061481

Smart Scan Analysis for JPYCNY

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

+55
Smart Scan Analysis for JPYCNY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.060959 0.061351 0.060955 0.061286 +0.000327
Prev. Close Volume Bid Ask Time
0.060959 0.061206 0.061366 2019-02-18 23:31:23
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