Future Trend Analysis Report
Prepared for you on Wednesday, October 17, 2018.
BRITISH POUND Dec 2018 (E) (CME:6B.Z18.E)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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.Z18.E
The long term trend has been DOWN since May 1st, 2018 at 1.3892
The intermediate term trend has been UP since Aug 29th, 2018 at 1.3071
The short term trend has been DOWN since Oct 14th, 2018 at 1.3177
Smart Scan Analysis for 6B.Z18.E
Based on a pre-defined weighted trend formula for chart analysis, 6B.Z18.E scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||1.4491||Contract High Date||2018-04-17|
|Contract Low||1.2735||Contract Low Date||2018-08-15|
|Estimated Volume||88828||First Delivery||2018-12-19|