Moneydance 2019 is a 64 bit application only and to run on your system would require an ARM64 build of the software. As far as I am aware there is currently no ARM64 version of the Java platform that Moneydance uses.
According to Microsoft it is supposed to be able to run x86 application using an emulator (WOW). Whether this means it could run the Java x86 Virtual Machine I do not know.
As I basic test I suppose you could see if Java itself starts. Moneydance installs (assuming a standard install) java into the directory:
Going to that directory and typing: java --version should run and print information about the Java virtual machine