Future Trend Analysis Report
Prepared for you on Saturday, March 6, 2021.
EURO/JAPANESE YEN Mar 2021 (CME:RY.H21)
Countertrend Up (+85) - RY.H21 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 RY.H21?
MarketClub looks at technical strength and momentum to determine if the timing is right for RY.H21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RY.H21
The long-term trend has been UP since Nov 30th, 2020 at 124.26
The intermediate-term trend has been UP since Feb 14th, 2021 at 127.39
The short-term trend has been DOWN since Mar 5th, 2021 at 128.95
Smart Scan Analysis for RY.H21
Based on our trend formula, RY.H21 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).