Future Trend Analysis Report
Prepared for you on Thursday, May 6, 2021.
AUSTRALIAN $/JAPANESE YEN Jun 2021 (CME:AJY.M21)
Bull Market Weakness (+75) - AJY.M21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on AJY.M21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid AJY.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for AJY.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for AJY.M21
The long-term trend has been DOWN since Mar 23rd, 2021 at 82.92
The intermediate-term trend has been UP since Apr 27th, 2021 at 84.35
The short-term trend has been UP since Apr 26th, 2021 at 83.79
Smart Scan Analysis for AJY.M21
Based on our trend formula, AJY.M21 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).