Future Trend Analysis Report
Prepared for you on Monday, February 17, 2020.
JAPANESE YEN Feb 2020 (CME:6J.G20)
Long-Term Downtrend (-90) - 6J.G20 is in a strong downtrend that is likely to continue. While 6J.G20 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid
MarketClub looks at technical strength and momentum to determine if the timing is right for 6J.G20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6J.G20
The long-term trend has been DOWN since Nov 5th, 2019 at 0.009326
The intermediate-term trend has been DOWN since Jan 9th, 2020 at 0.009162
The short-term trend has been DOWN since Feb 13th, 2020 at 0.009098
Smart Scan Analysis for 6J.G20
Based on our trend formula, 6J.G20 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).