Future Trend Analysis Report
Prepared for you on Saturday, July 31, 2021.
BRITISH POUND Jul 2021 (CME:6B.N21)
Strong Downtrend (-100) - 6B.N21 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid 6B.N21?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6B.N21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6B.N21
The long-term trend has been DOWN since Jul 1st, 2021 at 1.3763
The intermediate-term trend has been DOWN since Jun 15th, 2021 at 1.4090
The short-term trend has been DOWN since Jul 16th, 2021 at 1.3807
Smart Scan Analysis for 6B.N21
Based on our trend formula, 6B.N21 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).