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Forex Trend Analysis Report

Prepared for you on Saturday, September 21, 2019.

Special Drawing Right/Japanese Yen (FOREX:SDRJPY)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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_SDRJPY
Open High Low SDRJPY Price Change
147.82 147.82 147.82 147.82 0.00
Entry Signal

MarketClub’s Trade Triangles for SDRJPY

long term down The long term trend has been DOWN since Dec 20th, 2018 at 154.17

intermediate term up The intermediate term trend has been UP since Sep 13th, 2019 at 146.45

short term up The short term trend has been UP since Sep 13th, 2019 at 146.08

Smart Scan Analysis for SDRJPY

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

-60
Smart Scan Analysis for SDRJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
147.82 147.82 147.82 147.82 0.00
Prev. Close Volume Bid Ask Time
147.82 147.82 147.82 2019-09-19 20:22:42
Want to analyze Special Drawing Right/Japanese Yen SDRJPY or another symbol? Try our Free Forex Trend Analysis Report.