Future Trend Analysis Report
Prepared for you on Tuesday, January 21, 2020.
JAPANESE YEN Mar 2020 (CME:6J.H20)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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 6J.H20
The long term trend has been DOWN since Oct 11th, 2019 at 0.009312
The intermediate term trend has been DOWN since Jan 9th, 2020 at 0.009161
The short term trend has been UP since Jan 20th, 2020 at 0.009114
Smart Scan Analysis for 6J.H20
Based on a pre-defined weighted trend formula for chart analysis, 6J.H20 scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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