Future Trend Analysis Report
Prepared for you on Friday, January 28, 2022.
E-MICRO JPY/USD Mar 2022 (CME:MJY.H22)
Long-Term Downtrend (-90) - MJY.H22 is in a strong downtrend that is likely to continue. While MJY.H22 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid MJY.H22?
MarketClub looks at technical strength and momentum to determine if the timing is right for MJY.H22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MJY.H22
The long-term trend has been DOWN since Sep 17th, 2021 at 0.009119
The intermediate-term trend has been DOWN since Dec 23rd, 2021 at 0.008763
The short-term trend has been DOWN since Jan 26th, 2022 at 0.008770
Smart Scan Analysis for MJY.H22
Based on our trend formula, MJY.H22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).