Future Trend Analysis Report
Prepared for you on Saturday, May 27, 2023.
E-MICRO USD/JPY Jun 2023 (CME:M6J.M23)
Long-Term Uptrend (+90) - M6J.M23 is in a strong uptrend that is likely to continue. While M6J.M23 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid M6J.M23?
MarketClub looks at technical strength and momentum to determine if the timing is right for M6J.M23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for M6J.M23
The long-term trend has been UP since Apr 28th, 2023 at 135.27
The intermediate-term trend has been UP since Apr 10th, 2023 at 132.14
The short-term trend has been UP since May 12th, 2023 at 134.65
Smart Scan Analysis for M6J.M23
Based on our trend formula, M6J.M23 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).