Analyze Symbol

Future Trend Analysis Report

Prepared for you on Thursday, April 26, 2018.

BRITISH POUND Jun 2018 (E) (CME:6B.M18.E)

Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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.

CME_6B.M18.E
Open High Low 6B.M18.E Price Change
1.3962 1.3999 1.3925 1.3996 +0.0024
Entry Signal

MarketClub’s Trade Triangles for 6B.M18.E

long term up The long term trend has been UP since Apr 19th, 2017 at 1.2866

intermediate term down The intermediate term trend has been DOWN since Apr 23rd, 2018 at 1.4007

short term down The short term trend has been DOWN since Apr 18th, 2018 at 1.4271

Smart Scan Analysis for 6B.M18.E

Based on a pre-defined weighted trend formula for chart analysis, 6B.M18.E scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-60
Smart Scan Analysis for 6B.M18.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.3962 1.3999 1.3925 1.3996 +0.0024
Prev. Close Volume Bid Ask Time
1.3964 34616 2018-04-26 06:56:00
Contract High1.4413Contract High Date2018-04-17
Contract Low1.2332Contract Low Date2017-03-14
Estimated Volume98926First Delivery2018-06-20
Expiration2018-06-18Open Time18:00
Close Time17:00
Want to analyze BRITISH POUND Jun 2018 (E) 6B.M18.E or another symbol? Try our Free Future Trend Analysis Report.