Future Trend Analysis Report
Prepared for you on Friday, September 25, 2020.
JAPANESE YEN Dec 2020 (CME:6J.Z20)
Countertrend Up (+85) - 6J.Z20 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.Z20?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6J.Z20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6J.Z20
The long-term trend has been UP since Apr 14th, 2020 at 0.009410
The intermediate-term trend has been UP since Jun 10th, 2020 at 0.009347
The short-term trend has been DOWN since Sep 22nd, 2020 at 0.009546
Smart Scan Analysis for 6J.Z20
Based on our trend formula, 6J.Z20 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).