Future Trend Analysis Report
Prepared for you on Wednesday, February 24, 2021.
BRITISH POUND Mar 2021 (CME:6B.H21)
Long-Term Uptrend (+90) - 6B.H21 is in a strong uptrend that is likely to continue. While 6B.H21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid 6B.H21?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6B.H21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6B.H21
The long-term trend has been UP since Jun 2nd, 2020 at 1.2542
The intermediate-term trend has been UP since Dec 16th, 2020 at 1.3550
The short-term trend has been UP since Feb 14th, 2021 at 1.3864
Smart Scan Analysis for 6B.H21
Based on our trend formula, 6B.H21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).