Future Trend Analysis Report
Prepared for you on Monday, April 6, 2020.
BRITISH PD/JAPANESE YEN JUNE 2020 (ICE:@PY.M20)
Bear Market Rally (-75) - @PY.M20 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on @PY.M20 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid @PY.M20?
MarketClub looks at technical strength and momentum to determine if the timing is right for @PY.M20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @PY.M20
The long-term trend has been DOWN since Feb 28th, 2020 at 138.49
The intermediate-term trend has been DOWN since Feb 28th, 2020 at 140.76
The short-term trend has been UP since Mar 24th, 2020 at 128.91
Smart Scan Analysis for @PY.M20
Based on our trend formula, @PY.M20 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||138.71||52wk High Date||2020-03-03|
|52wk Low||125.37||52wk Low Date||2020-03-19|