Future Trend Analysis Report
Prepared for you on Saturday, October 24, 2020.
BRITISH PD/JAPANESE YEN DECEMBER 2020 (ICE:@PY.Z20)
Bull Market Weakness (+75) - @PY.Z20 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on @PY.Z20 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid @PY.Z20?
MarketClub looks at technical strength and momentum to determine if the timing is right for @PY.Z20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @PY.Z20
The long-term trend has been UP since Jun 4th, 2020 at 137.08
The intermediate-term trend has been UP since Oct 5th, 2020 at 136.25
The short-term trend has been DOWN since Oct 15th, 2020 at 136.38
Smart Scan Analysis for @PY.Z20
Based on our trend formula, @PY.Z20 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||137.23||52wk High Date||2020-10-14|
|52wk Low||134.58||52wk Low Date||2020-09-17|