Future Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
CANADIAN $/JAPANESE YEN Dec 2021 (CME:CJY.Z21)
Countertrend Up (+85) - CJY.Z21 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 CJY.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for CJY.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for CJY.Z21
The long-term trend has been UP since Sep 16th, 2021 at 86.17
The intermediate-term trend has been UP since Sep 16th, 2021 at 86.17
The short-term trend has been UP since Sep 30th, 2021 at 87.20
Smart Scan Analysis for CJY.Z21
Based on our trend formula, CJY.Z21 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).