Future Trend Analysis Report
Prepared for you on Monday, May 20, 2019.
AUSTRALIAN $/JAPANESE YEN JUNE 2019 (ICE:@YA.M19)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management 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 @YA.M19
The long term trend has been DOWN since May 7th, 2019 at 77.130
The intermediate term trend has been DOWN since May 2nd, 2019 at 79.350
The short term trend has been UP since May 20th, 2019 at 75.805
Smart Scan Analysis for @YA.M19
Based on a pre-defined weighted trend formula for chart analysis, @YA.M19 scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|52wk High||2019||52wk Low||75.41|
|52wk Low Date||2019-05-17||Volatility||8.82|