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Forex Trend Analysis Report

Prepared for you on Monday, September 16, 2019.

Japanese Yen/Malaysian Ringt (FOREX:JPYMYR)

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_JPYMYR
Open High Low JPYMYR Price Change
0.038660 0.038672 0.038645 0.038645 -0.000015
Entry Signal

MarketClub’s Trade Triangles for JPYMYR

long term up The long term trend has been UP since May 7th, 2019 at 0.037634

intermediate term down The intermediate term trend has been DOWN since Sep 5th, 2019 at 0.039108

short term down The short term trend has been DOWN since Sep 4th, 2019 at 0.039564

Smart Scan Analysis for JPYMYR

Based on a pre-defined weighted trend formula for chart analysis, JPYMYR scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-70
Smart Scan Analysis for JPYMYR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.038660 0.038672 0.038645 0.038645 -0.000015
Prev. Close Volume Bid Ask Time
0.038660 0.038622 0.038668 2019-09-16 02:07:18
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