Future Trend Analysis Report
Prepared for you on Friday, June 2, 2023.
E-MICRO USD/JPY Sep 2023 (CME:M6J.U23)
Bull Market Weakness (+75) - M6J.U23 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on M6J.U23 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid M6J.U23?
MarketClub looks at technical strength and momentum to determine if the timing is right for M6J.U23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for M6J.U23
The long-term trend has been UP since Apr 19th, 2023 at 129.75
The intermediate-term trend has been UP since Apr 28th, 2023 at 131.70
The short-term trend has been UP since May 17th, 2023 at 133.16
Smart Scan Analysis for M6J.U23
Based on our trend formula, M6J.U23 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).