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Future Trend Analysis Report

Prepared for you on Monday, April 6, 2020.

BRITISH POUND Jun 2020 (CME:6B.M20)

Bear Market Rally (-75) - 6B.M20 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on 6B.M20 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid 6B.M20?

MarketClub looks at technical strength and momentum to determine if the timing is right for 6B.M20.

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

CME_6B.M20
Open High Low 6B.M20 Price Change
1.2233 1.2336 1.2219 1.2301 +0.0019
Entry Signal

MarketClub’s Trade Triangles for 6B.M20

long term down The long-term trend has been DOWN since Feb 20th, 2020 at 1.2923

intermediate term down The intermediate-term trend has been DOWN since Mar 12th, 2020 at 1.2760

short term down The short-term trend has been DOWN since Apr 3rd, 2020 at 1.2378

Smart Scan Analysis for 6B.M20

Based on our trend formula, 6B.M20 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for 6B.M20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.2233 1.2336 1.2219 1.2301 +0.0019
Prev. Close Volume Bid Ask Time
1.2435 30996 2020-04-06 08:59:17
Expiration2020-06-15Open Time18:00
Close Time17:00
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