Future Trend Analysis Report
Prepared for you on Monday, December 9, 2019.
BRITISH POUND Dec 2019 (CME:6B.Z19)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for 6B.Z19
The long term trend has been UP since Oct 11th, 2019 at 1.2726
The intermediate term trend has been UP since Oct 11th, 2019 at 1.2624
The short term trend has been DOWN since Nov 27th, 2019 at 1.2850
Smart Scan Analysis for 6B.Z19
Based on a pre-defined weighted trend formula for chart analysis, 6B.Z19 scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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