Future Trend Analysis Report
Prepared for you on Tuesday, July 27, 2021.
E-MICRO JPY/USD Dec 2021 (CME:MJY.Z21)
Bull Market Weakness (+75) - MJY.Z21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MJY.Z21 as it may be in the beginning stages 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 UP since Jul 8th, 2021 at 0.009101
The intermediate-term trend has been UP since Jul 8th, 2021 at 0.009101
The short-term trend has been DOWN since Jul 21st, 2021 at 0.009105
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).