Future Trend Analysis Report
Prepared for you on Wednesday, July 17, 2019.
JAPANESE YEN (E-MINI) Sep 2019 (CME:J7.U19)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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.U19
The long term trend has been UP since May 31st, 2019 at 0.009243
The intermediate term trend has been DOWN since Jul 5th, 2019 at 0.009262
The short term trend has been UP since Jul 10th, 2019 at 0.009271
Smart Scan Analysis for J7.U19
Based on a pre-defined weighted trend formula for chart analysis, J7.U19 scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).