Future Trend Analysis Report
Prepared for you on Sunday, May 19, 2019.
BRITISH POUND May 2019 (CME:6B.K19)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines Mode.
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 6B.K19
The long term trend has been UP since Feb 26th, 2019 at 1.3127
The intermediate term trend has been UP since May 3rd, 2019 at 1.3146
The short term trend has been DOWN since May 9th, 2019 at 1.3050
Smart Scan Analysis for 6B.K19
Based on a pre-defined weighted trend formula for chart analysis, 6B.K19 scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).