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Forex Trend Analysis Report

Prepared for you on Thursday, April 18, 2019.

Japanese Yen/British Pound (FOREX:JPYGBP)

Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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_JPYGBP
Open High Low JPYGBP Price Change
0.006851 0.006880 0.006847 0.006877 +0.000026
Entry Signal

MarketClub’s Trade Triangles for JPYGBP

long term down The long term trend has been DOWN since Mar 1st, 2019 at 0.006747

intermediate term down The intermediate term trend has been DOWN since Jan 17th, 2019 at 0.007090

short term up The short term trend has been UP since Apr 17th, 2019 at 0.006849

Smart Scan Analysis for JPYGBP

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

-55
Smart Scan Analysis for JPYGBP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.006851 0.006880 0.006847 0.006877 +0.000026
Prev. Close Volume Bid Ask Time
0.006851 0.006857 0.006897 2019-04-18 14:32:02
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