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Forex Trend Analysis Report

Prepared for you on Monday, December 9, 2019.

Special Drawing Right/Japanese Yen (FOREX:SDRJPY)

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_SDRJPY
Open High Low SDRJPY Price Change
149.14213 149.14213 149.14213 149.14213 0.00000
Entry Signal

MarketClub’s Trade Triangles for SDRJPY

long term up The long term trend has been UP since Nov 6th, 2019 at 149.89000

intermediate term down The intermediate term trend has been DOWN since Dec 3rd, 2019 at 149.16563

short term down The short term trend has been DOWN since Dec 3rd, 2019 at 150.45795

Smart Scan Analysis for SDRJPY

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

-70
Smart Scan Analysis for SDRJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
149.14213 149.14213 149.14213 149.14213 0.00000
Prev. Close Volume Bid Ask Time
149.14213 149.14213 149.14213 2019-12-08 20:00:22
Want to analyze Special Drawing Right/Japanese Yen SDRJPY or another symbol? Try our Free Forex Trend Analysis Report.