Future Trend Analysis Report
Prepared for you on Tuesday, July 23, 2019.
JAPANESE YEN Dec 2019 (CME:6J.Z19)
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 6J.Z19
The long term trend has been UP since May 31st, 2019 at 0.009340
The intermediate term trend has been DOWN since Jul 8th, 2019 at 0.009320
The short term trend has been DOWN since Jul 22nd, 2019 at 0.009367
Smart Scan Analysis for 6J.Z19
Based on a pre-defined weighted trend formula for chart analysis, 6J.Z19 scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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