Future Trend Analysis Report
Prepared for you on Tuesday, May 11, 2021.
JAPANESE YEN Jun 2021 (CME:6J.M21)
Crossroads (-60) - 6J.M21 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid 6J.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6J.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6J.M21
The long-term trend has been DOWN since Feb 2nd, 2021 at 0.009546
The intermediate-term trend has been UP since Apr 18th, 2021 at 0.009213
The short-term trend has been UP since May 6th, 2021 at 0.009175
Smart Scan Analysis for 6J.M21
Based on our trend formula, 6J.M21 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).