Index Trend Analysis Report
Prepared for you on Friday, January 19, 2018.
DJ FXCM YEN INDEX (INDEX:DJFXJPY)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 DJFXJPY
The long term trend has been DOWN since Jun 27th, 2017 at 7837.32
The intermediate term trend has been DOWN since Dec 10th, 2017 at 7781.74
The short term trend has been DOWN since Jan 17th, 2018 at 7582.27
Smart Scan Analysis for DJFXJPY
Based on a pre-defined weighted trend formula for chart analysis, DJFXJPY scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||8547.52||52wk High Date||2017-04-17|
|52wk Low||7466.65||52wk Low Date||2017-09-21|