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Forex Trend Analysis Report

Prepared for you on Friday, September 20, 2019.

Japanese Yen/Norwegian Krone (FOREX:JPYNOK)

Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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_JPYNOK
Open High Low JPYNOK Price Change
0.083103 0.083402 0.083093 0.083308 +0.000205
Entry Signal

MarketClub’s Trade Triangles for JPYNOK

long term up The long term trend has been UP since May 7th, 2019 at 0.079388

intermediate term down The intermediate term trend has been DOWN since Sep 9th, 2019 at 0.083791

short term up The short term trend has been UP since Sep 20th, 2019 at 0.083207

Smart Scan Analysis for JPYNOK

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

+55
Smart Scan Analysis for JPYNOK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.083103 0.083402 0.083093 0.083308 +0.000205
Prev. Close Volume Bid Ask Time
0.083103 0.083108 0.083508 2019-09-20 05:35:57
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