Future Trend Analysis Report
Prepared for you on Saturday, May 25, 2019.
JAPANESE YEN May 2019 (CME:6J.K19)
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 6J.K19
The long term trend has been DOWN since Jan 17th, 2019 at 0.009284
The intermediate term trend has been UP since May 5th, 2019 at 0.008980
The short term trend has been UP since Apr 30th, 2019 at 0.008970
Smart Scan Analysis for 6J.K19
Based on a pre-defined weighted trend formula for chart analysis, 6J.K19 scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).