Forex Trend Analysis Report
Prepared for you on Monday, July 16, 2018.
Australian Dollar/Japanese Yen (FOREX:AUDJPY)
Smart Scan Chart Analysis confirms that a strong uptrend is in place and that the market remains positive longer term. Strong Uptrend 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 AUDJPY
The long term trend has been UP since Jun 6th, 2018 at 84.4905
The intermediate term trend has been UP since Jul 9th, 2018 at 82.4775
The short term trend has been UP since Jun 29th, 2018 at 81.6170
Smart Scan Analysis for AUDJPY
Based on a pre-defined weighted trend formula for chart analysis, AUDJPY scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).