Future Trend Analysis Report
Prepared for you on Tuesday, May 18, 2021.
YEN DENOMINATED TOPIX Jun 2021 (CME:TPY.M21)
Bear Market Rally (-75) - TPY.M21 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on TPY.M21 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid TPY.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for TPY.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TPY.M21
The long-term trend has been DOWN since Apr 20th, 2021 at 1901.5
The intermediate-term trend has been DOWN since Apr 19th, 2021 at 1953.0
The short-term trend has been UP since May 16th, 2021 at 1891.0
Smart Scan Analysis for TPY.M21
Based on our trend formula, TPY.M21 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).