Index Trend Analysis Report
Prepared for you on Sunday, July 5, 2020.
Invesco CurrencyShares Japanese Yen Trust (GIF:FXY)
Weak Uptrend (+65) - FXY is showing signs of weakening momentum to the upside. Monitor FXY as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid FXY?
MarketClub looks at technical strength and momentum to determine if the timing is right for FXY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for FXY
The long-term trend has been UP since Feb 28th, 2020 at 88.101
The intermediate-term trend has been UP since Jun 11th, 2020 at 88.545
The short-term trend has been DOWN since Jun 25th, 2020 at 88.457
Smart Scan Analysis for FXY
Based on our trend formula, FXY is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).