Future Trend Analysis Report
Prepared for you on Thursday, February 23, 2017.
BRITISH POUND Mar 2017 (E) (CME:6B.H17.E)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for 6B.H17.E
The long term trend has been DOWN since Jun 24th, 2016 at 1.3994
The intermediate term trend has been UP since Jan 22nd, 2017 at 1.2450
The short term trend has been UP since Feb 22nd, 2017 at 1.2487
Smart Scan Analysis for 6B.H17.E
Based on a pre-defined weighted trend formula for chart analysis, 6B.H17.E scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||1.2487||Contract High Date||2017-02-21|
|Contract Low||1.2406||Contract Low Date||2017-02-21|
|Estimated Volume||64650||First Delivery||2017-03-15|