Future Trend Analysis Report
Prepared for you on Saturday, March 25, 2023.
EURO/JAPANESE YEN (NEW) JUNE 2023 (ICE:@KEJ.M23)
Long-Term Downtrend (-90) - @KEJ.M23 is in a strong downtrend that is likely to continue. While @KEJ.M23 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 @KEJ.M23?
MarketClub looks at technical strength and momentum to determine if the timing is right for @KEJ.M23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @KEJ.M23
The long-term trend has been DOWN since Jan 3rd, 2023 at 137.87
The intermediate-term trend has been DOWN since Mar 13th, 2023 at 141.24
The short-term trend has been DOWN since Mar 10th, 2023 at 142.67
Smart Scan Analysis for @KEJ.M23
Based on our trend formula, @KEJ.M23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||143.48||52wk High Date||2023-03-01|
|52wk Low||138.2||52wk Low Date||2023-03-16|