Analyze Symbol

Forex Trend Analysis Report

Prepared for you on Saturday, March 23, 2019.

Japanese Yen/Mexican Peso (FOREX:JPYMXN)

Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management 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_JPYMXN
Open High Low JPYMXN Price Change
0.17369 0.17369 0.17369 0.17369 0.00000
Entry Signal

MarketClub’s Trade Triangles for JPYMXN

long term down The long term trend has been DOWN since Feb 25th, 2019 at 0.171995

intermediate term down The intermediate term trend has been DOWN since Mar 18th, 2019 at 0.171810

short term up The short term trend has been UP since Mar 22nd, 2019 at 0.171535

Smart Scan Analysis for JPYMXN

Based on a pre-defined weighted trend formula for chart analysis, JPYMXN scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-65
Smart Scan Analysis for JPYMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.17369 0.17369 0.17369 0.17369 0.00000
Prev. Close Volume Bid Ask Time
0.17369 0.17355 0.17383 2019-03-23 13:08:34
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