Future Trend Analysis Report
Prepared for you on Monday, January 24, 2022.
CANADIAN $/JAPANESE YEN MARCH 2022 (ICE:@HY.H22)
Weak Downtrend (-65) - @HY.H22 is showing signs of a strengthening downtrend. Monitor @HY.H22 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid @HY.H22?
MarketClub looks at technical strength and momentum to determine if the timing is right for @HY.H22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @HY.H22
The long-term trend has been UP since Oct 8th, 2021 at 89.86
The intermediate-term trend has been DOWN since Jan 21st, 2022 at 90.33
The short-term trend has been DOWN since Jan 14th, 2022 at 91.25
Smart Scan Analysis for @HY.H22
Based on our trend formula, @HY.H22 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||91.96||52wk High Date||2022-01-12|
|52wk Low||87.67||52wk Low Date||2021-12-20|