Forex Trend Analysis Report
Prepared for you on Wednesday, March 21, 2018.
Japanese Yen/Swiss Franc (FOREX:JPYCHF)
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 JPYCHF
The long term trend has been UP since Feb 28th, 2018 at 0.885050
The intermediate term trend has been UP since Feb 14th, 2018 at 0.871200
The short term trend has been DOWN since Mar 20th, 2018 at 0.894735
Smart Scan Analysis for JPYCHF
Based on a pre-defined weighted trend formula for chart analysis, JPYCHF scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).