Future Trend Analysis Report
Prepared for you on Thursday, June 4, 2020.
BRITISH POUND/JAPANESE YEN Jun 2020 (CME:PJY.M20)
Long-Term Uptrend (+90) - PJY.M20 is in a strong uptrend that is likely to continue. While PJY.M20 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid PJY.M20?
MarketClub looks at technical strength and momentum to determine if the timing is right for PJY.M20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PJY.M20
The long-term trend has been UP since Jun 2nd, 2020 at 136.11
The intermediate-term trend has been UP since May 29th, 2020 at 132.93
The short-term trend has been UP since May 31st, 2020 at 133.32
Smart Scan Analysis for PJY.M20
Based on our trend formula, PJY.M20 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).