Index Trend Analysis Report
Prepared for you on Tuesday, March 2, 2021.
ICE Yen FX Index (GIF:ICEJX)
Strong Downtrend (-100) - ICEJX is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ICEJX?
MarketClub looks at technical strength and momentum to determine if the timing is right for ICEJX.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ICEJX
The long-term trend has been DOWN since Oct 9th, 2020 at 85.697
The intermediate-term trend has been DOWN since Nov 9th, 2020 at 85.559
The short-term trend has been DOWN since Feb 24th, 2021 at 83.344
Smart Scan Analysis for ICEJX
Based on our trend formula, ICEJX is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).