Future Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
E-MICRO JPY/USD Dec 2021 (CME:MJY.Z21)
Bear Market Rally (-75) - MJY.Z21 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MJY.Z21 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid MJY.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for MJY.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MJY.Z21
The long-term trend has been DOWN since Sep 28th, 2021 at 0.008969
The intermediate-term trend has been DOWN since Sep 23rd, 2021 at 0.009070
The short-term trend has been UP since Oct 21st, 2021 at 0.008766
Smart Scan Analysis for MJY.Z21
Based on our trend formula, MJY.Z21 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).