Future Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
E-MICRO JPY/USD Mar 2022 (CME:MJY.H22)
Bear Market Rally (-75) - MJY.H22 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MJY.H22 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid MJY.H22?
MarketClub looks at technical strength and momentum to determine if the timing is right for MJY.H22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MJY.H22
The long-term trend has been DOWN since Sep 17th, 2021 at 0.009119
The intermediate-term trend has been DOWN since Sep 17th, 2021 at 0.009119
The short-term trend has been UP since Oct 21st, 2021 at 0.008762
Smart Scan Analysis for MJY.H22
Based on our trend formula, MJY.H22 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).