Future Trend Analysis Report
Prepared for you on Wednesday, January 29, 2020.
BRITISH PD/JAPANESE YEN MARCH 2020 (ICE:@PY.H20)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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 @PY.H20
The long term trend has been UP since Oct 11th, 2019 at 135.87
The intermediate term trend has been DOWN since Jan 28th, 2020 at 141.96
The short term trend has been DOWN since Jan 24th, 2020 at 143.11
Smart Scan Analysis for @PY.H20
Based on a pre-defined weighted trend formula for chart analysis, @PY.H20 scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||146.64||52wk High Date||2019-12-13|
|52wk Low||140.99||52wk Low Date||2019-12-23|