Future Trend Analysis Report
Prepared for you on Tuesday, May 11, 2021.
JAPANESE YEN Sep 2021 (CME:6J.U21)
Countertrend Down (-85) - 6J.U21 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.U21?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6J.U21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6J.U21
The long-term trend has been DOWN since Feb 2nd, 2021 at 0.009553
The intermediate-term trend has been DOWN since May 3rd, 2021 at 0.009138
The short-term trend has been UP since May 7th, 2021 at 0.009180
Smart Scan Analysis for 6J.U21
Based on our trend formula, 6J.U21 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).