Future Trend Analysis Report
Prepared for you on Wednesday, February 20, 2019.
EURO/JAPANESE YEN Mar 2019 (CME:RY.H19)
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 RY.H19
The long term trend has been DOWN since Dec 20th, 2018 at 127.69
The intermediate term trend has been UP since Feb 1st, 2019 at 125.35
The short term trend has been UP since Feb 19th, 2019 at 125.17
Smart Scan Analysis for RY.H19
Based on a pre-defined weighted trend formula for chart analysis, RY.H19 scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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