Future Trend Analysis Report
Prepared for you on Monday, January 20, 2020.
E-MICRO JPY/USD Mar 2020 (CME:MJY.H20)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 MJY.H20
The long term trend has been DOWN since Oct 7th, 2019 at 0.009438
The intermediate term trend has been DOWN since Jan 9th, 2020 at 0.009161
The short term trend has been DOWN since Jan 8th, 2020 at 0.009252
Smart Scan Analysis for MJY.H20
Based on a pre-defined weighted trend formula for chart analysis, MJY.H20 scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).