Future Trend Analysis Report
Prepared for you on Saturday, September 23, 2023.
EURO/JAPANESE YEN Sep 2023 (CME:RY.U23)
Crossroads (-60) - RY.U23 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid RY.U23?
MarketClub looks at technical strength and momentum to determine if the timing is right for RY.U23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RY.U23
The long-term trend has been UP since May 17th, 2023 at 145.94
The intermediate-term trend has been DOWN since Sep 14th, 2023 at 156.74
The short-term trend has been DOWN since Sep 14th, 2023 at 157.30
Smart Scan Analysis for RY.U23
Based on our trend formula, RY.U23 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).