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.
MarketClub’s Trade Triangles for DJFXJPY
The long-term trend has been DOWN since Jun 1st, 2020 at 9042.92
The intermediate-term trend has been DOWN since May 19th, 2020 at 9256.06
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).
|52wk High||8457.74||52wk High Date||2018-08-15|
|52wk Low||7476.51||52wk Low Date||2018-01-05|