Forex Trend Analysis Report
Prepared for you on Thursday, January 17, 2019.
Japanese Yen/Swiss Franc (FOREX:JPYCHF)
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 JPYCHF
The long term trend has been UP since Dec 23rd, 2018 at 0.896310
The intermediate term trend has been UP since Dec 20th, 2018 at 0.885930
The short term trend has been UP since Jan 17th, 2019 at 0.911515
Smart Scan Analysis for JPYCHF
Based on a pre-defined weighted trend formula for chart analysis, JPYCHF scored +100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).