Future Trend Analysis Report
Prepared for you on Thursday, January 27, 2022.
BRITISH PD/JAPANESE YEN MARCH 2022 (ICE:@PY.H22)
Strong Downtrend (-100) - @PY.H22 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, @PY.H22 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid @PY.H22?
MarketClub looks at technical strength and momentum to determine if the timing is right for @PY.H22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @PY.H22
The long-term trend has been DOWN since Dec 3rd, 2021 at 149.02
The intermediate-term trend has been DOWN since Jan 24th, 2022 at 153.96
The short-term trend has been DOWN since Jan 14th, 2022 at 156.39
Smart Scan Analysis for @PY.H22
Based on our trend formula, @PY.H22 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||157.31||52wk High Date||2022-01-05|
|52wk Low||149.61||52wk Low Date||2021-12-09|