Future Trend Analysis Report
Prepared for you on Sunday, June 20, 2021.
JAPANESE YEN Dec 2021 (CME:6J.Z21)
Long-Term Downtrend (-90) - 6J.Z21 is in a strong downtrend that is likely to continue. While 6J.Z21 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid 6J.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6J.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6J.Z21
The long-term trend has been DOWN since Feb 26th, 2021 at 0.009535
The intermediate-term trend has been DOWN since May 17th, 2021 at 0.009200
The short-term trend has been DOWN since Jun 11th, 2021 at 0.009146
Smart Scan Analysis for 6J.Z21
Based on our trend formula, 6J.Z21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).