Future Trend Analysis Report
Prepared for you on Saturday, September 19, 2020.
E-MICRO JPY/USD Dec 2020 (CME:MJY.Z20)
Long-Term Uptrend (+90) - MJY.Z20 is in a strong uptrend that is likely to continue. While MJY.Z20 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 MJY.Z20?
MarketClub looks at technical strength and momentum to determine if the timing is right for MJY.Z20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MJY.Z20
The long-term trend has been UP since Jul 23rd, 2020 at 0.009385
The intermediate-term trend has been UP since Sep 16th, 2020 at 0.009515
The short-term trend has been UP since Sep 14th, 2020 at 0.009441
Smart Scan Analysis for MJY.Z20
Based on our trend formula, MJY.Z20 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).