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Future Trend Analysis Report

Prepared for you on Sunday, December 3, 2023.

CANADIAN $/JAPANESE YEN JUNE 2024 (ICE:@HY.M24)

Long-Term Downtrend (-90) - @HY.M24 is in a strong downtrend that is likely to continue. While @HY.M24 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid @HY.M24?

MarketClub looks at technical strength and momentum to determine if the timing is right for @HY.M24.

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

ICE_@HY.M24
Open High Low @HY.M24 Price Change
106.24 106.24 106.24 106.24 0.00
Entry Signal

MarketClub’s Trade Triangles for @HY.M24

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for @HY.M24

Based on our trend formula, @HY.M24 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for @HY.M24
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
106.24 106.24 106.24 106.24 0.00
Prev. Close Volume Bid Ask Time
106.24 0 2023-12-01 00:00:00
Volatility7.7Expiration2024-06-17
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