TMCNet:  Shares of CurrencyShares Japanese Yen Trust Exhibit Possible Trend Reversal as it Trades Higher (FXY)

[February 12, 2013]

Shares of CurrencyShares Japanese Yen Trust Exhibit Possible Trend Reversal as it Trades Higher (FXY)

Feb 12, 2013 (SmarTrend(R) News Watch via COMTEX) -- Shares of CurrencyShares Japanese Yen Trust are trading up 0.7% to $105.15 today on above average volume. Today's volume of 1.2 million shares tops the average 30-day volume of 524,000 shares. Spikes in volume can validate a breakout or signify a potential turning point.


SmarTrend recommended that its subscribers protect gains by selling shares of CurrencyShares Japanese Yen Trust on October 22nd, 2012 by issuing a Downtrend alert when the shares were trading at $122.90. Since that call, shares of CurrencyShares Japanese Yen Trust have fallen 15.0%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

In the past 52 weeks, CurrencyShares Japanese Yen Trust share prices have been bracketed by a current low of $104.30 and a high of $127.36 and are now at $105.03. Over the last five market days, the 200-day moving average (MA) has gone down 0.2% while the 50-day MA has declined 0.8%.

Write to Chip Brian at cbrian@mysmartrend.com --------------------------------------------------------------------------------------------- SmarTrend analyzes over 5,000 securities simultaneously throughout the trading day and provides its subscribers with trend change alerts in real time. To get a free trial of our trading calls and maximize your trading results, please visit http://www.MySmarTrend.com Get exclusive, actionable insight into how the market is expected to trend prior to market open with our free morning newsletter. Sign up at: http://www.MySmarTrend.com/signup

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