Future Trend Analysis Report
Prepared for you on Thursday, September 24, 2020.
BRITISH POUND Dec 2020 (CME:6B.Z20)
Weak Downtrend (-65) - 6B.Z20 is showing signs of a strengthening downtrend. Monitor 6B.Z20 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid 6B.Z20?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6B.Z20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6B.Z20
The long-term trend has been UP since Jun 5th, 2020 at 1.2657
The intermediate-term trend has been DOWN since Sep 8th, 2020 at 1.3068
The short-term trend has been DOWN since Sep 21st, 2020 at 1.2920
Smart Scan Analysis for 6B.Z20
Based on our trend formula, 6B.Z20 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).