Index Trend Analysis Report
Prepared for you on Thursday, April 9, 2020.
Dow Jones FXCM Yen Index (INDEX:DJFXJPY)
Weak Uptrend (+65) - DJFXJPY is showing signs of weakening momentum to the upside. Monitor DJFXJPY as it may be in the beginning stages of a reversal.
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 UP since Feb 27th, 2020 at 8982.12
The intermediate-term trend has been UP since Feb 27th, 2020 at 8942.84
The short-term trend has been DOWN since Apr 6th, 2020 at 9458.43
Smart Scan Analysis for DJFXJPY
Based on our trend formula, DJFXJPY is rated as a +65 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|