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.
MarketClub’s Trade Triangles for 6B.M20
The long-term trend has been DOWN since Feb 20th, 2020 at 1.2923
The intermediate-term trend has been DOWN since Mar 12th, 2020 at 1.2760
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).