Future Trend Analysis Report
Prepared for you on Friday, April 19, 2019.
JAPANESE YEN (E-MINI) Jun 2019 (CME:J7.M19)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend 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 J7.M19
The long term trend has been DOWN since Feb 25th, 2019 at 0.009081
The intermediate term trend has been DOWN since Apr 4th, 2019 at 0.009002
The short term trend has been UP since Apr 18th, 2019 at 0.008978
Smart Scan Analysis for J7.M19
Based on a pre-defined weighted trend formula for chart analysis, J7.M19 scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).