Hello traders! Today I want to share insights on USDJPY using one of my favorite tools on TradingView—the Adaptive Trend Finder (log). This tool excels in identifying both short-term and long-term trend strengths using an effective method based on Pearson correlation.
In the chart, focus on the lower middle section highlighted in gray for the long-term trend strength, and on the right side highlighted in yellow for the short-term trend strength. These indicators offer valuable insights into the market dynamics for USDJPY.
I encourage you to delve into the signals you observe and interpret them based on your analysis. Feel free to share your thoughts and insights in the comments section. Let's leverage this tool to navigate the complexities of USDJPY trading together!
Happy trading and looking forward to your interpretations! 📈
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.