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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.

CME_MJY.Z20
Open High Low MJY.Z20 Price Change
0.009556 0.009600 0.009546 0.009574 +0.000015
Entry Signal

MarketClub’s Trade Triangles for MJY.Z20

long term up The long-term trend has been UP since Jul 23rd, 2020 at 0.009385

intermediate term up The intermediate-term trend has been UP since Sep 16th, 2020 at 0.009515

short term up 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).

+90
Smart Scan Analysis for MJY.Z20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.009556 0.009600 0.009546 0.009574 +0.000015
Prev. Close Volume Bid Ask Time
0.009539 1464 2020-09-18 16:59:00
Expiration2020-12-14Open Time18:00
Close Time17:00
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