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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.

INDEX_DJFXJPY
Open High Low DJFXJPY Price Change
8004.26 8097.10 7962.77 8069.34 +174.38
Entry Signal

MarketClub’s Trade Triangles for DJFXJPY

long term down The long-term trend has been DOWN since Oct 11th, 2021 at 7899.17

intermediate term up The intermediate-term trend has been UP since Nov 9th, 2021 at 7780.71

short term up 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).

+60
Smart Scan Analysis for DJFXJPY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
8004.26 8097.10 7962.77 8069.34 +174.38
Prev. Close Volume Bid Ask Time
8075.50 0 2021-11-26 16:59:22
52wk High8457.7452wk High Date2018-08-15
52wk Low7476.5152wk Low Date2018-01-05
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