Future Trend Analysis Report
Prepared for you on Thursday, August 17, 2017.
BRITISH POUND Sep 2017 (E) (CME:6B.U17.E)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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.U17.E
The long term trend has been UP since Apr 18th, 2017 at 1.2735
The intermediate term trend has been DOWN since Aug 11th, 2017 at 1.2956
The short term trend has been DOWN since Aug 4th, 2017 at 1.3130
Smart Scan Analysis for 6B.U17.E
Based on a pre-defined weighted trend formula for chart analysis, 6B.U17.E scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||1.4531||Contract High Date||2016-03-17|
|Contract Low||1.2115||Contract Low Date||2017-01-15|
|Estimated Volume||60823||First Delivery||2017-09-20|