Future Trend Analysis Report
Prepared for you on Monday, September 20, 2021.
CANADIAN $/JAPANESE YEN Sep 2021 (CME:CJY.U21)
Bear Market Rally (-75) - CJY.U21 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on CJY.U21 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid CJY.U21?
MarketClub looks at technical strength and momentum to determine if the timing is right for CJY.U21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CJY.U21
The long-term trend has been DOWN since Jul 15th, 2021 at 88.56
The intermediate-term trend has been UP since Sep 7th, 2021 at 87.03
The short-term trend has been DOWN since Aug 18th, 2021 at 87.04
Smart Scan Analysis for CJY.U21
Based on our trend formula, CJY.U21 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).