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Forex Trend Analysis Report

Prepared for you on Friday, April 26, 2019.

US Dollar/Japanese Yen (FOREX:USDJPY)

Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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_USDJPY
Open High Low USDJPY Price Change
111.6555 111.7660 111.6105 111.7500 +0.0945
Entry Signal

MarketClub’s Trade Triangles for USDJPY

long term up The long term trend has been UP since Apr 12th, 2019 at 112.075

intermediate term up The intermediate term trend has been UP since Apr 11th, 2019 at 111.810

short term down The short term trend has been DOWN since Apr 25th, 2019 at 111.665

Smart Scan Analysis for USDJPY

Based on a pre-defined weighted trend formula for chart analysis, USDJPY scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

+85
Smart Scan Analysis for USDJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
111.6555 111.7660 111.6105 111.7500 +0.0945
Prev. Close Volume Bid Ask Time
111.6555 111.7450 111.7550 2019-04-26 07:50:47
Want to analyze US Dollar/Japanese Yen USDJPY or another symbol? Try our Free Forex Trend Analysis Report.