Future Trend Analysis Report
Prepared for you on Sunday, December 16, 2018.
E-MICRO GBP/USD Dec 2018 (CME:M6B.Z18)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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.Z18
The long term trend has been DOWN since Jul 18th, 2018 at 1.3155
The intermediate term trend has been DOWN since Oct 24th, 2018 at 1.2962
The short term trend has been UP since Dec 13th, 2018 at 1.2641
Smart Scan Analysis for M6B.Z18
Based on a pre-defined weighted trend formula for chart analysis, M6B.Z18 scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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