Future Trend Analysis Report
Prepared for you on Tuesday, October 16, 2018.
JAPANESE YEN Nov 2018 (E) (CME:6J.X18.E)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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.X18.E
The long term trend has been DOWN since Sep 19th, 2018 at 0.008939
The intermediate term trend has been UP since Oct 15th, 2018 at 0.008960
The short term trend has been DOWN since Oct 16th, 2018 at 0.008925
Smart Scan Analysis for 6J.X18.E
Based on a pre-defined weighted trend formula for chart analysis, 6J.X18.E scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||0.009165||Contract High Date||2018-08-20|
|Contract Low||0.008762||Contract Low Date||2018-10-03|
|Estimated Volume||1005||First Delivery||2018-11-21|