Free Daily Analysis
Future Trend Analysis Report
Prepared for you on Tuesday, May 7, 2024.
BRITISH PD/JAPANESE YEN JUNE 2024 (ICE:@PY.M24)
Sidelines Mode (+55) - @PY.M24 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid @PY.M24?
MarketClub looks at technical strength and momentum to determine if the timing is right for @PY.M24.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for @PY.M24
The long-term trend has been UP since Aug 1st, 2023 at 172.91
The intermediate-term trend has been UP since Mar 19th, 2024 at 187.51
The short-term trend has been DOWN since May 1st, 2024 at 193.81
Smart Scan Analysis for @PY.M24
Based on our trend formula, @PY.M24 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 192.23 | 192.23 | 192.23 | 190.89 | -1.34 |
| Prev. Close | Volume | Bid | Ask | Time |
| 192.23 | 0 | 192.75 | 192.79 | 2024-05-02 22:31:22 |
| Volatility | 8.78 |