Future Trend Analysis Report
Prepared for you on Saturday, August 8, 2020.
BRITISH POUND/JAPANESE YEN Sep 2020 (CME:PJY.U20)
Sidelines Mode (+55) - PJY.U20 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid PJY.U20?
MarketClub looks at technical strength and momentum to determine if the timing is right for PJY.U20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PJY.U20
The long-term trend has been DOWN since Jun 11th, 2020 at 135.22
The intermediate-term trend has been UP since Jul 20th, 2020 at 135.28
The short-term trend has been DOWN since Aug 7th, 2020 at 138.06
Smart Scan Analysis for PJY.U20
Based on our trend formula, PJY.U20 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).