Future Trend Analysis Report
Prepared for you on Monday, April 6, 2020.
EURO/JAPANESE YEN Jun 2020 (CME:RY.M20)
Sidelines Mode (+50) - RY.M20 is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until RY.M20 can gain momentum.
Is it time to buy, sell, or avoid RY.M20?
MarketClub looks at technical strength and momentum to determine if the timing is right for RY.M20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RY.M20
The long-term trend has been DOWN since Feb 26th, 2020 at 121.23
The intermediate-term trend has been UP since Mar 25th, 2020 at 120.58
The short-term trend has been UP since Apr 5th, 2020 at 117.48
Smart Scan Analysis for RY.M20
Based on our trend formula, RY.M20 is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).