Future Trend Analysis Report
Prepared for you on Monday, November 29, 2021.
JAPANESE YEN Jun 2022 (CME:6J.M22)
Bear Market Rally (-75) - 6J.M22 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on 6J.M22 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid 6J.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6J.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6J.M22
The long-term trend has been DOWN since Oct 11th, 2021 at 0.008998
The intermediate-term trend has been DOWN since Nov 15th, 2021 at 0.008783
The short-term trend has been UP since Nov 26th, 2021 at 0.008744
Smart Scan Analysis for 6J.M22
Based on our trend formula, 6J.M22 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).