Future Trend Analysis Report
Prepared for you on Saturday, June 23, 2018.
E-MICRO JPY/USD Jun 2018 (E) (CME:MJY.M18.E)
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.
MarketClub’s Trade Triangles for MJY.M18.E
The long term trend has been DOWN since May 2nd, 2018 at 0.009127
The intermediate term trend has been UP since May 29th, 2018 at 0.009218
The short term trend has been DOWN since Jun 12th, 2018 at 0.009086
Smart Scan Analysis for MJY.M18.E
Based on a pre-defined weighted trend formula for chart analysis, MJY.M18.E scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||0.009613||Contract High Date||2018-03-22|
|Contract Low||0.0089||Contract Low Date||2018-01-08|
|Estimated Volume||16||First Delivery||2018-06-20|