Future Trend Analysis Report
Prepared for you on Saturday, October 23, 2021.
EURO/JAPANESE YEN Dec 2021 (CME:RY.Z21)
Countertrend Up (+85) - RY.Z21 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.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for RY.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RY.Z21
The long-term trend has been UP since Oct 11th, 2021 at 130.80
The intermediate-term trend has been UP since Oct 11th, 2021 at 130.52
The short-term trend has been DOWN since Oct 21st, 2021 at 132.74
Smart Scan Analysis for RY.Z21
Based on our trend formula, RY.Z21 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).