Future Trend Analysis Report
Prepared for you on Tuesday, January 21, 2020.
NIKKEI 225 INDEX YEN INDEX Mar 2020 (CME:NIY.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 positive trend to resume. Uptrend 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 NIY.H20
The long term trend has been UP since Oct 14th, 2019 at 21875
The intermediate term trend has been UP since Jan 13th, 2020 at 23930
The short term trend has been DOWN since Jan 20th, 2020 at 23990
Smart Scan Analysis for NIY.H20
Based on a pre-defined weighted trend formula for chart analysis, NIY.H20 scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).