Future Trend Analysis Report
Prepared for you on Monday, May 17, 2021.
NIKKEI 225 INDEX YEN INDEX Jun 2021 (CME:NIY.M21)
Bear Market Rally (-75) - NIY.M21 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on NIY.M21 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid NIY.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for NIY.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for NIY.M21
The long-term trend has been DOWN since May 12th, 2021 at 27995
The intermediate-term trend has been DOWN since Apr 19th, 2021 at 29155
The short-term trend has been UP since May 16th, 2021 at 28325
Smart Scan Analysis for NIY.M21
Based on our trend formula, NIY.M21 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).