Future Trend Analysis Report
Prepared for you on Thursday, June 4, 2020.
E-MICRO JPY/USD Jun 2020 (CME:MJY.M20)
Weak Downtrend (-65) - MJY.M20 is showing signs of a strengthening downtrend. Monitor MJY.M20 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid MJY.M20?
MarketClub looks at technical strength and momentum to determine if the timing is right for MJY.M20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MJY.M20
The long-term trend has been UP since Mar 1st, 2020 at 0.009352
The intermediate-term trend has been DOWN since May 19th, 2020 at 0.009283
The short-term trend has been DOWN since Jun 2nd, 2020 at 0.009270
Smart Scan Analysis for MJY.M20
Based on our trend formula, MJY.M20 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).