Future Trend Analysis Report
Prepared for you on Wednesday, October 21, 2020.
BRITISH POUND/JAPANESE YEN Dec 2020 (CME:PJY.Z20)
Bull Market Weakness (+75) - PJY.Z20 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on PJY.Z20 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid PJY.Z20?
MarketClub looks at technical strength and momentum to determine if the timing is right for PJY.Z20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for PJY.Z20
The long-term trend has been DOWN since Sep 4th, 2020 at 140.26
The intermediate-term trend has been UP since Oct 5th, 2020 at 136.77
The short-term trend has been UP since Oct 19th, 2020 at 136.30
Smart Scan Analysis for PJY.Z20
Based on our trend formula, PJY.Z20 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).