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Future Trend Analysis Report

Prepared for you on Friday, December 1, 2023.

EURO/JAPANESE YEN Dec 2023 (CME:RY.Z23)

Weak Downtrend (-65) - RY.Z23 is showing signs of a strengthening downtrend. Monitor RY.Z23 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid RY.Z23?

MarketClub looks at technical strength and momentum to determine if the timing is right for RY.Z23.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_RY.Z23
Open High Low RY.Z23 Price Change
161.10 161.46 159.37 159.47 -1.62
Entry Signal

MarketClub’s Trade Triangles for RY.Z23

long term up The long-term trend has been UP since Jul 20th, 2023 at 153.97

intermediate term down The intermediate-term trend has been DOWN since Dec 1st, 2023 at 159.43

short term down The short-term trend has been DOWN since Nov 27th, 2023 at 162.40

Smart Scan Analysis for RY.Z23

Based on our trend formula, RY.Z23 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for RY.Z23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
161.10 161.46 159.37 159.47 -1.62
Prev. Close Volume Bid Ask Time
159.47 2277 2023-12-01 16:58:41
Expiration2023-12-18Open Time18:00
Close Time17:00
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