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Future Trend Analysis Report

Prepared for you on Friday, April 16, 2021.

E-MICRO JPY/USD Jun 2021 (CME:MJY.M21)

Sidelines Mode (-55) - MJY.M21 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid MJY.M21?

MarketClub looks at technical strength and momentum to determine if the timing is right for MJY.M21.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_MJY.M21
Open High Low MJY.M21 Price Change
0.009201 0.009211 0.009183 0.009197 -0.000003
Entry Signal

MarketClub’s Trade Triangles for MJY.M21

long term down The long-term trend has been DOWN since Jan 7th, 2021 at 0.009651

intermediate term down The intermediate-term trend has been DOWN since Jan 7th, 2021 at 0.009651

short term up The short-term trend has been UP since Apr 13th, 2021 at 0.009161

Smart Scan Analysis for MJY.M21

Based on our trend formula, MJY.M21 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for MJY.M21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.009201 0.009211 0.009183 0.009197 -0.000003
Prev. Close Volume Bid Ask Time
0.009200 1052 2021-04-16 16:02:52
Expiration2021-06-14Open Time18:00
Close Time17:00
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