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Forex Trend Analysis Report

Prepared for you on Friday, May 24, 2019.

Japanese Yen/Euro (FOREX:JPYEUR)

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_JPYEUR
Open High Low JPYEUR Price Change
0.008160 0.008167 0.008141 0.008151 -0.000009
Entry Signal

MarketClub’s Trade Triangles for JPYEUR

long term up The long term trend has been UP since Dec 21st, 2018 at 0.007894

intermediate term up The intermediate term trend has been UP since Apr 25th, 2019 at 0.008036

short term up The short term trend has been UP since May 23rd, 2019 at 0.008160

Smart Scan Analysis for JPYEUR

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

+90
Smart Scan Analysis for JPYEUR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.008160 0.008167 0.008141 0.008151 -0.000009
Prev. Close Volume Bid Ask Time
0.008160 0.008148 0.008154 2019-05-24 09:02:35
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