Future Trend Analysis Report
Prepared for you on Saturday, February 27, 2021.
EURO/JAPANESE YEN Mar 2021 (CME:RY.H21)
Long-Term Uptrend (+90) - RY.H21 is in a strong uptrend that is likely to continue. While RY.H21 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 RY.H21?
MarketClub looks at technical strength and momentum to determine if the timing is right for RY.H21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RY.H21
The long-term trend has been UP since Nov 30th, 2020 at 124.26
The intermediate-term trend has been UP since Feb 14th, 2021 at 127.39
The short-term trend has been UP since Feb 7th, 2021 at 127.06
Smart Scan Analysis for RY.H21
Based on our trend formula, RY.H21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).