Forex Trend Analysis Report
Prepared for you on Saturday, March 23, 2019.
Japanese Yen/Canadian Dollar (FOREX:JPYCAD)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. 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 JPYCAD
The long term trend has been UP since Dec 6th, 2018 at 0.011938
The intermediate term trend has been UP since Mar 8th, 2019 at 0.012105
The short term trend has been UP since Mar 20th, 2019 at 0.011998
Smart Scan Analysis for JPYCAD
Based on a pre-defined weighted trend formula for chart analysis, JPYCAD scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).