Future Trend Analysis Report
Prepared for you on Wednesday, September 28, 2022.
BRITISH PD/JAPANESE YEN SEPTEMBER 2022 (ICE:@PY.U22)
Countertrend Up (+85) - @PY.U22 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid @PY.U22?
MarketClub looks at technical strength and momentum to determine if the timing is right for @PY.U22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @PY.U22
The long-term trend has been UP since Mar 22nd, 2022 at 156.57
The intermediate-term trend has been UP since Sep 8th, 2022 at 162.29
The short-term trend has been UP since Sep 8th, 2022 at 162.29
Smart Scan Analysis for @PY.U22
Based on our trend formula, @PY.U22 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||166.09||52wk High Date||2022-09-13|
|52wk Low||160.06||52wk Low Date||2022-06-16|