Future Trend Analysis Report
Prepared for you on Saturday, April 10, 2021.
BRITISH POUND Apr 2021 (CME:6B.J21)
Weak Downtrend (-65) - 6B.J21 is showing signs of a strengthening downtrend. Monitor 6B.J21 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid 6B.J21?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6B.J21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6B.J21
The long-term trend has been UP since Feb 8th, 2021 at 1.3754
The intermediate-term trend has been DOWN since Mar 23rd, 2021 at 1.3787
The short-term trend has been DOWN since Apr 7th, 2021 at 1.3823
Smart Scan Analysis for 6B.J21
Based on our trend formula, 6B.J21 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).