Future Trend Analysis Report
Prepared for you on Tuesday, April 13, 2021.
JAPANESE YEN May 2021 (CME:6J.K21)
Sidelines Mode (-55) - 6J.K21 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid 6J.K21?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6J.K21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6J.K21
The long-term trend has been DOWN since Feb 22nd, 2021 at 0.009464
The intermediate-term trend has been DOWN since Feb 22nd, 2021 at 0.009464
The short-term trend has been UP since Apr 13th, 2021 at 0.009158
Smart Scan Analysis for 6J.K21
Based on our trend formula, 6J.K21 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).