Future Trend Analysis Report
Prepared for you on Wednesday, August 12, 2020.
YEN DENOMINATED TOPIX Sep 2020 (CME:TPY.U20)
Bull Market Weakness (+75) - TPY.U20 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on TPY.U20 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid TPY.U20?
MarketClub looks at technical strength and momentum to determine if the timing is right for TPY.U20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for TPY.U20
The long-term trend has been DOWN since Jun 9th, 2020 at 1621.5
The intermediate-term trend has been UP since Aug 11th, 2020 at 1582.5
The short-term trend has been UP since Aug 5th, 2020 at 1552.0
Smart Scan Analysis for TPY.U20
Based on our trend formula, TPY.U20 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).