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Future Trend Analysis Report

Prepared for you on Wednesday, May 5, 2021.

BRITISH POUND May 2021 (CME:6B.K21)

Sidelines Mode (+55) - 6B.K21 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid 6B.K21?

MarketClub looks at technical strength and momentum to determine if the timing is right for 6B.K21.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_6B.K21
Open High Low 6B.K21 Price Change
1.3906 1.3906 1.3906 1.3906 +0.0013
Entry Signal

MarketClub’s Trade Triangles for 6B.K21

long term down The long-term trend has been DOWN since Mar 5th, 2021 at 1.3807

intermediate term up The intermediate-term trend has been UP since Apr 19th, 2021 at 1.3900

short term down The short-term trend has been DOWN since Apr 30th, 2021 at 1.3880

Smart Scan Analysis for 6B.K21

Based on our trend formula, 6B.K21 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for 6B.K21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.3906 1.3906 1.3906 1.3906 +0.0013
Prev. Close Volume Bid Ask Time
1.3893 6 2021-05-05 18:28:12
Expiration2021-05-17Open Time18:00
Close Time17:00
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