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Forex Trend Analysis Report

Prepared for you on Friday, February 15, 2019.

Japanese Yen/Indian Rupee (FOREX:JPYINR)

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_JPYINR
Open High Low JPYINR Price Change
0.645800 0.648020 0.644710 0.645765 -0.000035
Entry Signal

MarketClub’s Trade Triangles for JPYINR

long term up The long term trend has been UP since Jan 2nd, 2019 at 0.664085

intermediate term down The intermediate term trend has been DOWN since Feb 11th, 2019 at 0.645180

short term up The short term trend has been UP since Feb 15th, 2019 at 0.646585

Smart Scan Analysis for JPYINR

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

-55
Smart Scan Analysis for JPYINR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.645800 0.648020 0.644710 0.645765 -0.000035
Prev. Close Volume Bid Ask Time
0.645800 0.645120 0.646410 2019-02-15 13:37:22
Want to analyze Japanese Yen/Indian Rupee JPYINR or another symbol? Try our Free Forex Trend Analysis Report.