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Forex Trend Analysis Report

Prepared for you on Saturday, February 23, 2019.

/Japanese Yen (FOREX:LFXJPY)

Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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_LFXJPY
Open High Low LFXJPY Price Change
54.6585 54.7695 54.6525 54.7365 +0.0780
Entry Signal

MarketClub’s Trade Triangles for LFXJPY

long term down The long term trend has been DOWN since Dec 20th, 2018 at 54.9145

intermediate term up The intermediate term trend has been UP since Jan 23rd, 2019 at 54.3255

short term up The short term trend has been UP since Feb 19th, 2019 at 54.5795

Smart Scan Analysis for LFXJPY

Based on a pre-defined weighted trend formula for chart analysis, LFXJPY scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+60
Smart Scan Analysis for LFXJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
54.6585 54.7695 54.6525 54.7365 +0.0780
Prev. Close Volume Bid Ask Time
54.6585 54.7140 54.7590 2019-02-22 17:10:00
Want to analyze /Japanese Yen LFXJPY or another symbol? Try our Free Forex Trend Analysis Report.