Future Trend Analysis Report
Prepared for you on Monday, June 27, 2022.
BRITISH POUND Jul 2022 (CME:6B.N22)
Bear Market Rally (-75) - 6B.N22 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on 6B.N22 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid 6B.N22?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6B.N22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6B.N22
The long-term trend has been DOWN since Apr 22nd, 2022 at 1.3001
The intermediate-term trend has been DOWN since Jun 10th, 2022 at 1.2397
The short-term trend has been UP since Jun 27th, 2022 at 1.2313
Smart Scan Analysis for 6B.N22
Based on our trend formula, 6B.N22 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).