Forex Trend Analysis Report
Prepared for you on Saturday, November 18, 2017.
Japanese Yen/Argentine Peso (FOREX:JPYARS)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. 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 JPYARS
The long term trend has been UP since Apr 19th, 2017 at 0.141645
The intermediate term trend has been UP since Oct 30th, 2017 at 0.156135
The short term trend has been UP since Nov 15th, 2017 at 0.154975
Smart Scan Analysis for JPYARS
Based on a pre-defined weighted trend formula for chart analysis, JPYARS scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).