Index Trend Analysis Report
Prepared for you on Tuesday, August 21, 2018.
S&P TOPIX YEN USD (WM) (NTR) (CME:SPTOPIXUSDNTRWM)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 SPTOPIXUSDNTRWM
The long term trend has been DOWN since Mar 25th, 2018 at 2045.40
The intermediate term trend has been DOWN since Aug 12th, 2018 at 2041.89
The short term trend has been DOWN since Aug 21st, 2018 at 2027.92
Smart Scan Analysis for SPTOPIXUSDNTRWM
Based on a pre-defined weighted trend formula for chart analysis, SPTOPIXUSDNTRWM scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2274.32||52wk High Date||2018-01-24|
|52wk Low||1869.86||52wk Low Date||2017-08-25|