Future Trend Analysis Report
Prepared for you on Monday, September 20, 2021.
EURO/JAPANESE YEN Dec 2021 (CME:RY.Z21)
Countertrend Down (-85) - RY.Z21 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid RY.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for RY.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RY.Z21
The long-term trend has been DOWN since Sep 14th, 2021 at 129.76
The intermediate-term trend has been DOWN since Sep 14th, 2021 at 129.76
The short-term trend has been UP since Sep 17th, 2021 at 129.65
Smart Scan Analysis for RY.Z21
Based on our trend formula, RY.Z21 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).