Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2019.
Japanese Yen/Romanian Leu (FOREX:JPYRON)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 JPYRON
The long term trend has been UP since Mar 22nd, 2019 at 0.038270
The intermediate term trend has been DOWN since Apr 14th, 2019 at 0.037547
The short term trend has been UP since Apr 18th, 2019 at 0.037702
Smart Scan Analysis for JPYRON
Based on a pre-defined weighted trend formula for chart analysis, JPYRON scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).