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Forex Trend Analysis Report

Prepared for you on Tuesday, September 17, 2019.

US Dollar/Japanese Yen (FOREX:USDJPY)

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_USDJPY
Open High Low USDJPY Price Change
108.1750 108.2520 108.1095 108.1820 +0.0070
Entry Signal

MarketClub’s Trade Triangles for USDJPY

long term down The long term trend has been DOWN since May 31st, 2019 at 108.8610

intermediate term up The intermediate term trend has been UP since Sep 5th, 2019 at 106.9210

short term up The short term trend has been UP since Sep 16th, 2019 at 108.2595

Smart Scan Analysis for USDJPY

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

+60
Smart Scan Analysis for USDJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
108.1750 108.2520 108.1095 108.1820 +0.0070
Prev. Close Volume Bid Ask Time
108.1750 108.1770 108.1870 2019-09-17 06:21:31
Want to analyze US Dollar/Japanese Yen USDJPY or another symbol? Try our Free Forex Trend Analysis Report.