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Future Trend Analysis Report

Prepared for you on Thursday, May 6, 2021.

BRITISH POUND Jun 2021 (CME:6B.M21)

Long-Term Uptrend (+90) - 6B.M21 is in a strong uptrend that is likely to continue. While 6B.M21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid 6B.M21?

MarketClub looks at technical strength and momentum to determine if the timing is right for 6B.M21.

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

CME_6B.M21
Open High Low 6B.M21 Price Change
1.3909 1.3942 1.3858 1.3908 -0.0001
Entry Signal

MarketClub’s Trade Triangles for 6B.M21

long term up The long-term trend has been UP since Jul 27th, 2020 at 1.2725

intermediate term up The intermediate-term trend has been UP since Apr 19th, 2021 at 1.3919

short term up The short-term trend has been UP since May 6th, 2021 at 1.3914

Smart Scan Analysis for 6B.M21

Based on our trend formula, 6B.M21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for 6B.M21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.3909 1.3942 1.3858 1.3908 -0.0001
Prev. Close Volume Bid Ask Time
1.3909 67234 2021-05-06 08:41:17
Expiration2021-06-14Open Time18:00
Close Time17:00
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