Future Trend Analysis Report
Prepared for you on Friday, January 17, 2020.
BRITISH POUND/JAPANESE YEN Mar 2020 (CME:PJY.H20)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend 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 PJY.H20
The long term trend has been DOWN since Jan 3rd, 2020 at 140.98
The intermediate term trend has been UP since Jan 17th, 2020 at 143.99
The short term trend has been UP since Jan 16th, 2020 at 143.13
Smart Scan Analysis for PJY.H20
Based on a pre-defined weighted trend formula for chart analysis, PJY.H20 scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).