Future Trend Analysis Report
Prepared for you on Friday, August 7, 2020.
EURO/JAPANESE YEN Sep 2020 (CME:RY.U20)
Bull Market Weakness (+75) - RY.U20 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RY.U20 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid RY.U20?
MarketClub looks at technical strength and momentum to determine if the timing is right for RY.U20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RY.U20
The long-term trend has been UP since May 27th, 2020 at 117.99
The intermediate-term trend has been UP since Jul 13th, 2020 at 121.74
The short-term trend has been DOWN since Aug 7th, 2020 at 124.77
Smart Scan Analysis for RY.U20
Based on our trend formula, RY.U20 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).