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Forex Trend Analysis Report

Prepared for you on Tuesday, November 12, 2019.

US Dollar/Japanese Yen (FOREX:USDJPY)

Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. 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_USDJPY
Open High Low USDJPY Price Change
109.137 109.291 109.121 109.167 +0.030
Entry Signal

MarketClub’s Trade Triangles for USDJPY

long term up The long term trend has been UP since Nov 7th, 2019 at 109.2785

intermediate term up The intermediate term trend has been UP since Oct 11th, 2019 at 108.4780

short term up The short term trend has been UP since Nov 4th, 2019 at 108.7150

Smart Scan Analysis for USDJPY

Based on a pre-defined weighted trend formula for chart analysis, USDJPY scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+90
Smart Scan Analysis for USDJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
109.137 109.291 109.121 109.167 +0.030
Prev. Close Volume Bid Ask Time
109.137 109.165 109.169 2019-11-12 08:28:58
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