Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Wednesday, October 20, 2021.

E-MICRO JPY/USD Dec 2021 (CME:MJY.Z21)

Long-Term Downtrend (-90) - MJY.Z21 is in a strong downtrend that is likely to continue. While MJY.Z21 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.Z21?

MarketClub looks at technical strength and momentum to determine if the timing is right for MJY.Z21.

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

CME_MJY.Z21
Open High Low MJY.Z21 Price Change
0.008749 0.008757 0.008743 0.008751 +0.000003
Entry Signal

MarketClub’s Trade Triangles for MJY.Z21

long term down The long-term trend has been DOWN since Sep 28th, 2021 at 0.008969

intermediate term down The intermediate-term trend has been DOWN since Sep 23rd, 2021 at 0.009070

short term down The short-term trend has been DOWN since Oct 5th, 2021 at 0.008974

Smart Scan Analysis for MJY.Z21

Based on our trend formula, MJY.Z21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for MJY.Z21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.008749 0.008757 0.008743 0.008751 +0.000003
Prev. Close Volume Bid Ask Time
0.008748 277 2021-10-20 22:58:57
Expiration2021-12-13Open Time18:00
Close Time17:00
Get a free daily analysis and signals for E-MICRO JPY/USD Dec 2021 (MJY.Z21) - Request Your Free Report.