Future Trend Analysis Report
Prepared for you on Friday, February 22, 2019.
E-MICRO JPY/USD Jun 2019 (CME:MJY.M19)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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 MJY.M19
The long term trend has been UP since Dec 20th, 2018 at 0.009034
The intermediate term trend has been DOWN since Feb 4th, 2019 at 0.009201
The short term trend has been DOWN since Feb 22nd, 2019 at 0.009102
Smart Scan Analysis for MJY.M19
Based on a pre-defined weighted trend formula for chart analysis, MJY.M19 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).