Future Trend Analysis Report
Prepared for you on Tuesday, June 22, 2021.
JAPANESE YEN Jul 2021 (CME:6J.N21)
Countertrend Down (-85) - 6J.N21 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 6J.N21?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6J.N21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6J.N21
The long-term trend has been DOWN since Apr 29th, 2021 at 0.009168
The intermediate-term trend has been DOWN since Apr 29th, 2021 at 0.009168
The short-term trend has been UP since Jun 18th, 2021 at 0.009089
Smart Scan Analysis for 6J.N21
Based on our trend formula, 6J.N21 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).