Future Trend Analysis Report
Prepared for you on Sunday, April 5, 2020.
JAPANESE YEN May 2020 (CME:6J.K20)
Crossroads (-60) - 6J.K20 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid 6J.K20?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6J.K20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6J.K20
The long-term trend has been UP since Feb 27th, 2020 at 0.009159
The intermediate-term trend has been DOWN since Mar 19th, 2020 at 0.009057
The short-term trend has been DOWN since Apr 3rd, 2020 at 0.009253
Smart Scan Analysis for 6J.K20
Based on our trend formula, 6J.K20 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).