Future Trend Analysis Report
Prepared for you on Tuesday, November 21, 2017.
E-MICRO GBP/USD Dec 2017 (E) (CME:M6B.Z17.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.Z17.E
The long term trend has been UP since Jun 21st, 2017 at 1.2700
The intermediate term trend has been DOWN since Oct 5th, 2017 at 1.3195
The short term trend has been UP since Nov 15th, 2017 at 1.3207
Smart Scan Analysis for M6B.Z17.E
Based on a pre-defined weighted trend formula for chart analysis, M6B.Z17.E scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||1.3695||Contract High Date||2017-09-20|
|Contract Low||1.2764||Contract Low Date||2017-06-21|
|Estimated Volume||2161||First Delivery||2017-12-20|