Future Trend Analysis Report
Prepared for you on Wednesday, September 27, 2023.
EURO/JAPANESE YEN Dec 2023 (CME:RY.Z23)
Weak Downtrend (-65) - RY.Z23 is showing signs of a strengthening downtrend. Monitor RY.Z23 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid RY.Z23?
MarketClub looks at technical strength and momentum to determine if the timing is right for RY.Z23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RY.Z23
The long-term trend has been UP since Jul 20th, 2023 at 153.97
The intermediate-term trend has been DOWN since Sep 14th, 2023 at 155.47
The short-term trend has been DOWN since Sep 27th, 2023 at 155.81
Smart Scan Analysis for RY.Z23
Based on our trend formula, RY.Z23 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).