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Index Trend Analysis Report

Prepared for you on Tuesday, April 23, 2024.

S&P Japanese Yen Futures Index TR (CME:SPJPYFTR)

Long-Term Downtrend (-90) - SPJPYFTR is in a strong downtrend that is likely to continue. While SPJPYFTR 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 SPJPYFTR?

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

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

CME_SPJPYFTR
Open High Low SPJPYFTR Price Change
69.349 69.439 69.290 69.327 -0.016
Entry Signal

MarketClub’s Trade Triangles for SPJPYFTR

long term down The long-term trend has been DOWN since Mar 19th, 2024 at 71.167

intermediate term down The intermediate-term trend has been DOWN since Mar 19th, 2024 at 71.179

short term down The short-term trend has been DOWN since Apr 21st, 2024 at 69.361

Smart Scan Analysis for SPJPYFTR

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

-90
Smart Scan Analysis for SPJPYFTR
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
69.349 69.439 69.290 69.327 -0.016
Prev. Close Volume Bid Ask Time
69.343 0 2024-04-23 15:10:00
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