Index Trend Analysis Report
Prepared for you on Saturday, November 27, 2021.
Dow Jones FXCM Yen Index (INDEX:DJFXJPY)
Crossroads (+60) - DJFXJPY is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid DJFXJPY?
MarketClub looks at technical strength and momentum to determine if the timing is right for DJFXJPY.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for DJFXJPY
The long-term trend has been DOWN since Oct 11th, 2021 at 7899.17
The intermediate-term trend has been UP since Nov 9th, 2021 at 7780.71
The short-term trend has been UP since Nov 19th, 2021 at 7867.46
Smart Scan Analysis for DJFXJPY
Based on our trend formula, DJFXJPY is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||8457.74||52wk High Date||2018-08-15|
|52wk Low||7476.51||52wk Low Date||2018-01-05|