Future Trend Analysis Report
Prepared for you on Friday, December 1, 2023.
E-MICRO USD/JPY Dec 2023 (CME:M6J.Z23)
Weak Downtrend (-65) - M6J.Z23 is showing signs of a strengthening downtrend. Monitor M6J.Z23 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid M6J.Z23?
MarketClub looks at technical strength and momentum to determine if the timing is right for M6J.Z23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for M6J.Z23
The long-term trend has been UP since Aug 10th, 2023 at 139.70
The intermediate-term trend has been DOWN since Nov 20th, 2023 at 147.36
The short-term trend has been DOWN since Nov 27th, 2023 at 148.55
Smart Scan Analysis for M6J.Z23
Based on our trend formula, M6J.Z23 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).