Future Trend Analysis Report
Prepared for you on Tuesday, November 24, 2020.
JAPANESE YEN Nov 2020 (CME:6J.X20)
Countertrend Up (+85) - 6J.X20 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid 6J.X20?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6J.X20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6J.X20
The long-term trend has been UP since Sep 18th, 2020 at 0.009591
The intermediate-term trend has been UP since Sep 16th, 2020 at 0.009513
The short-term trend has been UP since Nov 12th, 2020 at 0.009527
Smart Scan Analysis for 6J.X20
Based on our trend formula, 6J.X20 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).