Future Trend Analysis Report
Prepared for you on Saturday, April 10, 2021.
CANADIAN $/JAPANESE YEN JUNE 2021 (ICE:@HY.M21)
Sidelines Mode (+55) - @HY.M21 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 @HY.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for @HY.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @HY.M21
The long-term trend has been UP since Aug 11th, 2020 at 79.530
The intermediate-term trend has been UP since Jan 7th, 2021 at 81.520
The short-term trend has been DOWN since Apr 7th, 2021 at 87.895
Smart Scan Analysis for @HY.M21
Based on our trend formula, @HY.M21 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||88.015||52wk High Date||2021-03-18|
|52wk Low||85.49||52wk Low Date||2021-03-08|