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Rydex CurrencyShares Japanese Yen Trust (FXY) - Buy, Sell or Hold?

Trade DateCurrent Candlestick PatternPrevious Candlestick PatternWhenPerformance Since
Fri, 17 Nov 2017NoneDojiWed, 15 Nov 20170.67%
***Stock database and scans are updated around midnight (New York time) every trading day.
85.67 0.00 (0%) Nov 17 4:00pm EST
Open: 85.42 Range: 85.36 - 85.76 Vol: 283.21K Avg Vol: 90.87K
EPS: -0.41 P/E ratio: 0.00 EBITDA: N/A Mkt Cap: N/A
Analyze "FXY" - FREE 30 Day Trial of Market Analyst 7
Short Term: Trend is Up
Last Trade is above the 5 day moving average at 84.97
Medium Term: Trend is Up
Last Trade is above the 20 day moving average at 84.56
Last Trade is above the 50 day moving average at 85.27
Long Term: Trend is Down
Last Trade is below the 200 day moving average at 86.09
* Data normalized for Splits & Dividends. Report data issues
How to use this info: Stock Timing With Moving Averages
Daily Chart of FXY

ETF Trend Analysis - Buy, Sell or Hold "Rydex CurrencyShares Japanese Yen Trust" (FXY)?

FXY is in a very strong downtrend. For the last 52 weeks, FXY has maintained to stay firmly below the 200 day moving average for 82% of the time. Rallies will be sold into until the downtrend reverses. For the medium term, the 50 day moving average is generally in a trading range with a bearish downward bias. The 20 day moving average is also showing some signs of weakness as FXY has been trading below its 20 SMA for 77.5% of the time in the last 8 weeks. As FXY is in a downtrend characterized by the 200 SMA, currently at 86.09, the most likely scenario is that rallies will be sold into until the 200 SMA is convincingly taken out. Technically, there is very little reason to recommend a buy on this counter, although FXY may get a short term oversold bounce around here. Click here for the latest support & resistance levels to help you finetune your entry into or exit out of "FXY".
Objective Technical Analysis by BannRonn TA LogicEngine ver 1.1. Last Updated - Fri, 17 Nov 2017
Exchange Traded Funds Above 200 Day Moving Average
TickerNameTrend AnalysisSupport/Resistance