Future Trend Analysis Report
Prepared for you on Tuesday, September 21, 2021.
EURO/JAPANESE YEN Sep 2021 (CME:RY.U21)
Bear Market Rally (-75) - RY.U21 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on RY.U21 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid RY.U21?
MarketClub looks at technical strength and momentum to determine if the timing is right for RY.U21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RY.U21
The long-term trend has been DOWN since Jul 6th, 2021 at 130.67
The intermediate-term trend has been UP since Aug 30th, 2021 at 129.74
The short-term trend has been DOWN since Sep 8th, 2021 at 130.34
Smart Scan Analysis for RY.U21
Based on our trend formula, RY.U21 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).