Future Trend Analysis Report
Prepared for you on Thursday, September 24, 2020.
EURO/JAPANESE YEN Sep 2020 (CME:RY.U20)
Sidelines Mode (+55) - RY.U20 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid RY.U20?
MarketClub looks at technical strength and momentum to determine if the timing is right for RY.U20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RY.U20
The long-term trend has been UP since May 27th, 2020 at 117.99
The intermediate-term trend has been DOWN since Sep 8th, 2020 at 124.51
The short-term trend has been UP since Sep 11th, 2020 at 125.54
Smart Scan Analysis for RY.U20
Based on our trend formula, RY.U20 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).