Future Trend Analysis Report
Prepared for you on Saturday, March 25, 2017.
BRITISH POUND Jun 2017 (E) (CME:6B.M17.E)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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.M17.E
The long term trend has been DOWN since Jun 24th, 2016 at 1.4022
The intermediate term trend has been UP since Mar 21st, 2017 at 1.2510
The short term trend has been UP since Mar 15th, 2017 at 1.2281
Smart Scan Analysis for 6B.M17.E
Based on a pre-defined weighted trend formula for chart analysis, 6B.M17.E scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||1.4642||Contract High Date||2016-06-03|
|Contract Low||1.2035||Contract Low Date||2017-01-16|
|Estimated Volume||39091||First Delivery||2017-06-21|