Future Trend Analysis Report
Prepared for you on Sunday, December 3, 2023.
BRITISH PD/JAPANESE YEN DECEMBER 2023 (ICE:@PY.Z23)
Bull Market Weakness (+75) - @PY.Z23 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on @PY.Z23 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid @PY.Z23?
MarketClub looks at technical strength and momentum to determine if the timing is right for @PY.Z23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @PY.Z23
The long-term trend has been UP since Jan 23rd, 2023 at 154.66
The intermediate-term trend has been UP since Oct 9th, 2023 at 179.58
The short-term trend has been UP since Oct 31st, 2023 at 181.13
Smart Scan Analysis for @PY.Z23
Based on our trend formula, @PY.Z23 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||187.52||52wk High Date||2023-11-24|
|52wk Low||177.48||52wk Low Date||2023-10-03|