Forex Trend Analysis Report
Prepared for you on Sunday, February 17, 2019.
Japanese Yen/Argentine Peso (FOREX:JPYARS)
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 JPYARS
The long term trend has been UP since Dec 26th, 2017 at 0.160135
The intermediate term trend has been UP since Feb 11th, 2019 at 0.346085
The short term trend has been UP since Feb 15th, 2019 at 0.347420
Smart Scan Analysis for JPYARS
Based on a pre-defined weighted trend formula for chart analysis, JPYARS scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).