Future Trend Analysis Report
Prepared for you on Monday, April 6, 2020.
BRITISH POUND Sep 2020 (CME:6B.U20)
Weak Downtrend (-65) - 6B.U20 is showing signs of a strengthening downtrend. Monitor 6B.U20 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid 6B.U20?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6B.U20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6B.U20
The long-term trend has been DOWN since Feb 10th, 2020 at 1.3212
The intermediate-term trend has been DOWN since Mar 12th, 2020 at 1.2800
The short-term trend has been UP since Mar 25th, 2020 at 1.1810
Smart Scan Analysis for 6B.U20
Based on our trend formula, 6B.U20 is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).