Future Trend Analysis Report
Prepared for you on Saturday, April 10, 2021.
EURO/JAPANESE YEN Jun 2021 (CME:RY.M21)
Countertrend Up (+85) - RY.M21 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid RY.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for RY.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RY.M21
The long-term trend has been UP since Mar 4th, 2021 at 128.82
The intermediate-term trend has been UP since Mar 4th, 2021 at 128.82
The short-term trend has been DOWN since Apr 9th, 2021 at 130.18
Smart Scan Analysis for RY.M21
Based on our trend formula, RY.M21 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).