Future Trend Analysis Report
Prepared for you on Monday, July 16, 2018.
E-MICRO GBP/USD Sep 2018 (E) (CME:M6B.U18.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 M6B.U18.E
The long term trend has been DOWN since Apr 23rd, 2018 at 1.4064
The intermediate term trend has been UP since Jul 8th, 2018 at 1.3365
The short term trend has been UP since Jul 16th, 2018 at 1.3276
Smart Scan Analysis for M6B.U18.E
Based on a pre-defined weighted trend formula for chart analysis, M6B.U18.E scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||1.4467||Contract High Date||2018-04-17|
|Contract Low||1.3095||Contract Low Date||2018-06-28|
|Estimated Volume||1396||First Delivery||2018-09-19|