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Forex Trend Analysis Report

Prepared for you on Friday, August 23, 2019.

Japanese Yen/ (FOREX:JPYRSD)

Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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_JPYRSD
Open High Low JPYRSD Price Change
0.99955 1.00165 0.99747 1.00120 +0.00165
Entry Signal

MarketClub’s Trade Triangles for JPYRSD

long term up The long term trend has been UP since Dec 21st, 2018 at 0.934645

intermediate term up The intermediate term trend has been UP since Jul 16th, 2019 at 0.971010

short term up The short term trend has been UP since Aug 16th, 2019 at 1.001100

Smart Scan Analysis for JPYRSD

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

+100
Smart Scan Analysis for JPYRSD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.99955 1.00165 0.99747 1.00120 +0.00165
Prev. Close Volume Bid Ask Time
0.99955 1.00010 1.00230 2019-08-23 11:16:27
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