Future Trend Analysis Report
Prepared for you on Monday, January 16, 2017.
JAPANESE YEN (FXCM) Cash (DTN:JY.Y$$)
Smart Scan Chart Analysis indicates that the upward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for JY.Y$$
The long term trend has been DOWN since Nov 10th, 2016 at 0.0095
The intermediate term trend has been UP since Jan 10th, 2017 at 0.0086
The short term trend has been UP since Dec 29th, 2016 at 0.0085
Smart Scan Analysis for JY.Y$$
Based on a pre-defined weighted trend formula for chart analysis, JY.Y$$ scored +50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||0.013211||Contract High Date||2011-10-28|
|Contract Low||0.006788||Contract Low Date||1998-08-11|
|Open Time||08:00||Close Time||15:10|