Free Daily Analysis
Index Trend Analysis Report
Prepared for you on Sunday, May 19, 2024.
S&P Japanese Yen Futures Index TR (CME:SPJPYFTR)
Countertrend Down (-85) - SPJPYFTR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid SPJPYFTR?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPJPYFTR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for SPJPYFTR
The long-term trend has been DOWN since Mar 19th, 2024 at 71.167
The intermediate-term trend has been DOWN since Mar 19th, 2024 at 71.179
The short-term trend has been UP since May 15th, 2024 at 68.966
Smart Scan Analysis for SPJPYFTR
Based on our trend formula, SPJPYFTR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 68.825 | 69.097 | 68.771 | 68.905 | +0.080 |
| Prev. Close | Volume | Bid | Ask | Time |
| 68.905 | 0 | 2024-05-17 15:10:00 |