Index Trend Analysis Report
Prepared for you on Wednesday, December 11, 2019.
Morningstar Japan Index PR USD (CME:MSJPUSDP)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend 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 MSJPUSDP
The long term trend has been UP since Jul 2nd, 2019 at 1782.57
The intermediate term trend has been UP since Sep 4th, 2019 at 1739.80
The short term trend has been UP since Dec 2nd, 2019 at 1913.18
Smart Scan Analysis for MSJPUSDP
Based on a pre-defined weighted trend formula for chart analysis, MSJPUSDP scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).