Future Trend Analysis Report
Prepared for you on Sunday, November 29, 2020.
CANADIAN $/JAPANESE YEN DECEMBER 2020 (ICE:@HY.Z20)
Long-Term Uptrend (+90) - @HY.Z20 is in a strong uptrend that is likely to continue. While @HY.Z20 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid @HY.Z20?
MarketClub looks at technical strength and momentum to determine if the timing is right for @HY.Z20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @HY.Z20
The long-term trend has been UP since Jun 2nd, 2020 at 79.72
The intermediate-term trend has been UP since Nov 9th, 2020 at 80.33
The short-term trend has been UP since Nov 23rd, 2020 at 79.55
Smart Scan Analysis for @HY.Z20
Based on our trend formula, @HY.Z20 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||80.38||52wk High Date||2020-11-12|
|52wk Low||78.785||52wk Low Date||2020-09-25|