Future Trend Analysis Report
Prepared for you on Tuesday, August 9, 2022.
E-MICRO USD/JPY Sep 2022 (CME:M6J.U22)
Sidelines Mode (+55) - M6J.U22 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid M6J.U22?
MarketClub looks at technical strength and momentum to determine if the timing is right for M6J.U22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for M6J.U22
The long-term trend has been UP since Mar 28th, 2022 at 119.60
The intermediate-term trend has been DOWN since Jul 28th, 2022 at 134.13
The short-term trend has been UP since Aug 3rd, 2022 at 133.36
Smart Scan Analysis for M6J.U22
Based on our trend formula, M6J.U22 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).