Forex Trend Analysis Report
Prepared for you on Monday, September 24, 2018.
Argentine Peso/Japanese Yen (FOREX:ARSJPY)
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 ARSJPY
The long term trend has been DOWN since Dec 26th, 2017 at 6.24480
The intermediate term trend has been UP since Sep 24th, 2018 at 3.02935
The short term trend has been UP since Sep 19th, 2018 at 2.84110
Smart Scan Analysis for ARSJPY
Based on a pre-defined weighted trend formula for chart analysis, ARSJPY scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).