Index Trend Analysis Report
Prepared for you on Tuesday, April 7, 2020.
S&P/JPX GIVI Price Index Japanese Yen (CME:SPVTOJP)
Sidelines Mode (-55) - SPVTOJP is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid SPVTOJP?
MarketClub looks at technical strength and momentum to determine if the timing is right for SPVTOJP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for SPVTOJP
The long-term trend has been DOWN since Feb 18th, 2020 at 202.13
The intermediate-term trend has been DOWN since Feb 18th, 2020 at 202.13
The short-term trend has been UP since Apr 6th, 2020 at 170.56
Smart Scan Analysis for SPVTOJP
Based on our trend formula, SPVTOJP is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).