Future Trend Analysis Report
Prepared for you on Sunday, August 1, 2021.
EURO/JAPANESE YEN Sep 2021 (CME:RY.U21)
Sidelines Mode (-55) - RY.U21 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.U21?
MarketClub looks at technical strength and momentum to determine if the timing is right for RY.U21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RY.U21
The long-term trend has been DOWN since Jul 6th, 2021 at 130.67
The intermediate-term trend has been DOWN since Jun 7th, 2021 at 133.20
The short-term trend has been UP since Jul 21st, 2021 at 130.03
Smart Scan Analysis for RY.U21
Based on our trend formula, RY.U21 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).