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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.

CME_M6J.Z23
Open High Low M6J.Z23 Price Change
147.70 147.70 147.40 147.63 -0.22
Entry Signal

MarketClub’s Trade Triangles for M6J.Z23

long term up The long-term trend has been UP since Aug 10th, 2023 at 139.70

intermediate term down The intermediate-term trend has been DOWN since Nov 20th, 2023 at 147.36

short term down 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).

-70
Smart Scan Analysis for M6J.Z23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
147.70 147.70 147.40 147.63 -0.22
Prev. Close Volume Bid Ask Time
148.48 8 2023-12-01 03:57:49
Expiration2023-12-18Open Time18:00
Close Time17:00
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