Index Trend Analysis Report
Prepared for you on Thursday, March 4, 2021.
S&P/JPX GIVI Price Index Japanese Yen (CME:SPVTOJP)
Bull Market Weakness (+75) - SPVTOJP is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on SPVTOJP as it may be in the beginning stages of a reversal.
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 UP since Jun 2nd, 2020 at 186.90
The intermediate-term trend has been UP since Nov 9th, 2020 at 181.55
The short-term trend has been DOWN since Feb 25th, 2021 at 208.28
Smart Scan Analysis for SPVTOJP
Based on our trend formula, SPVTOJP is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).