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Index Trend Analysis Report

Prepared for you on Saturday, August 15, 2020.

Dow Jones FXCM Yen Index (INDEX:DJFXJPY)

Strong Downtrend (-100) - DJFXJPY 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 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.

INDEX_DJFXJPY
Open High Low DJFXJPY Price Change
8740.82 8769.47 8740.10 8750.06 +20.25
Entry Signal

MarketClub’s Trade Triangles for DJFXJPY

long term down The long-term trend has been DOWN since Jun 1st, 2020 at 9042.92

intermediate term down The intermediate-term trend has been DOWN since May 19th, 2020 at 9256.06

short term down The short-term trend has been DOWN since Aug 11th, 2020 at 8766.35

Smart Scan Analysis for DJFXJPY

Based on our trend formula, DJFXJPY is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for DJFXJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8740.82 8769.47 8740.10 8750.06 +20.25
Prev. Close Volume Bid Ask Time
9035.82 0 2020-08-14 17:00:10
52wk High8457.7452wk High Date2018-08-15
52wk Low7476.5152wk Low Date2018-01-05
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