Future Trend Analysis Report
Prepared for you on Tuesday, October 26, 2021.
JAPANESE YEN Mar 2022 (CME:6J.H22)
Long-Term Downtrend (-90) - 6J.H22 is in a strong downtrend that is likely to continue. While 6J.H22 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid 6J.H22?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6J.H22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6J.H22
The long-term trend has been DOWN since Oct 30th, 2018 at 0.009989
The intermediate-term trend has been DOWN since Sep 23rd, 2021 at 0.009079
The short-term trend has been DOWN since Oct 26th, 2021 at 0.008780
Smart Scan Analysis for 6J.H22
Based on our trend formula, 6J.H22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).