Forex Trend Analysis Report
Prepared for you on Thursday, August 17, 2017.
Japanese Yen/Swiss Franc (FOREX:JPYCHF)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 DOWN since May 16th, 2017 at 0.872115
The intermediate term trend has been UP since Jul 27th, 2017 at 0.858850
The short term trend has been DOWN since Aug 15th, 2017 at 0.879200
Smart Scan Analysis for JPYCHF
Based on a pre-defined weighted trend formula for chart analysis, JPYCHF scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).