Future Trend Analysis Report
Prepared for you on Thursday, October 19, 2017.
JAPANESE YEN Oct 2017 (E) (CME:6J.V17.E)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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 6J.V17.E
The long term trend has been UP since May 17th, 2017 at 0.008909
The intermediate term trend has been DOWN since Sep 13th, 2017 at 0.009059
The short term trend has been UP since Oct 10th, 2017 at 0.008900
Smart Scan Analysis for 6J.V17.E
Based on a pre-defined weighted trend formula for chart analysis, 6J.V17.E scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||0.008942||Contract High Date||2017-10-16|
|Contract Low||0.008942||Contract Low Date||2017-10-16|
|Estimated Volume||604||First Delivery||2017-10-18|