Future Trend Analysis Report
Prepared for you on Wednesday, April 21, 2021.
E-MICRO JPY/USD Jun 2021 (CME:MJY.M21)
Bull Market Weakness (+75) - MJY.M21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MJY.M21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid MJY.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for MJY.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MJY.M21
The long-term trend has been DOWN since Jan 7th, 2021 at 0.009651
The intermediate-term trend has been UP since Apr 18th, 2021 at 0.009211
The short-term trend has been UP since Apr 13th, 2021 at 0.009161
Smart Scan Analysis for MJY.M21
Based on our trend formula, MJY.M21 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).