Index Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

S&P Japanese Yen Futures Index ER (CME:SPJPYFP)

Long-Term Downtrend (-90) - SPJPYFP is in a strong downtrend that is likely to continue. While SPJPYFP is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid SPJPYFP?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPJPYFP.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

Open	High	Low	SPJPYFP Price	Change
40.348	40.401	40.314	40.336	-0.009
Entry Signal

MarketClub’s Trade Triangles for SPJPYFP

The long-term trend has been DOWN since Feb 13th, 2024 at 42.176

The intermediate-term trend has been DOWN since Mar 19th, 2024 at 41.749

The short-term trend has been DOWN since Apr 8th, 2024 at 41.225

Smart Scan Analysis for SPJPYFP

Based on our trend formula, SPJPYFP is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90

Strong Downtrend Sideways Strong Uptrend

Open	High	Low	Price	Change
40.348	40.401	40.314	40.336	-0.009
Prev. Close	Volume	Bid	Ask	Time
40.345	0			2024-04-23 15:09:55

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