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Future Trend Analysis Report

Prepared for you on Friday, June 9, 2023.

NIKKEI 225 INDEX YEN INDEX Jun 2023 (CME:NIY.M23)

Countertrend Up (+85) - NIY.M23 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid NIY.M23?

MarketClub looks at technical strength and momentum to determine if the timing is right for NIY.M23.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_NIY.M23
Open High Low NIY.M23 Price Change
31845.00 32035.00 31430.00 32018.38 +45.00
Entry Signal

MarketClub’s Trade Triangles for NIY.M23

long term up The long-term trend has been UP since Jan 23rd, 2023 at 26680

intermediate term up The intermediate-term trend has been UP since Apr 2nd, 2023 at 28235

short term down The short-term trend has been DOWN since Jun 8th, 2023 at 31825

Smart Scan Analysis for NIY.M23

Based on our trend formula, NIY.M23 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for NIY.M23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
31845.00 32035.00 31430.00 32018.38 +45.00
Prev. Close Volume Bid Ask Time
31895.00 14122 2023-06-08 16:59:40
Expiration2023-06-08Open Time18:00
Close Time17:00
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