Forex Trend Analysis Report
Prepared for you on Thursday, September 20, 2018.
Japanese Yen/Argentine Peso (FOREX:JPYARS)
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 JPYARS
The long term trend has been UP since Dec 26th, 2017 at 0.160135
The intermediate term trend has been UP since Aug 8th, 2018 at 0.248695
The short term trend has been DOWN since Sep 19th, 2018 at 0.351975
Smart Scan Analysis for JPYARS
Based on a pre-defined weighted trend formula for chart analysis, JPYARS scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).