Future Trend Analysis Report
Prepared for you on Wednesday, January 19, 2022.
NIKKEI 225 INDEX YEN INDEX Mar 2022 (CME:NIY.H22)
Long-Term Downtrend (-90) - NIY.H22 is in a strong downtrend that is likely to continue. While NIY.H22 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid NIY.H22?
MarketClub looks at technical strength and momentum to determine if the timing is right for NIY.H22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NIY.H22
The long-term trend has been DOWN since Sep 21st, 2021 at 29880
The intermediate-term trend has been DOWN since Jan 13th, 2022 at 27925
The short-term trend has been DOWN since Jan 18th, 2022 at 27860
Smart Scan Analysis for NIY.H22
Based on our trend formula, NIY.H22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).