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Future Trend Analysis Report

Prepared for you on Monday, September 25, 2023.

BRITISH POUND Dec 2023 (CME:6B.Z23)

Strong Downtrend (-100) - 6B.Z23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, 6B.Z23 continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid 6B.Z23?

MarketClub looks at technical strength and momentum to determine if the timing is right for 6B.Z23.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_6B.Z23
Open High Low 6B.Z23 Price Change
1.2245 1.2255 1.2228 1.2229 -0.0017
Entry Signal

MarketClub’s Trade Triangles for 6B.Z23

long term down The long-term trend has been DOWN since Sep 14th, 2023 at 1.2438

intermediate term down The intermediate-term trend has been DOWN since Aug 2nd, 2023 at 1.2750

short term down The short-term trend has been DOWN since Sep 14th, 2023 at 1.2486

Smart Scan Analysis for 6B.Z23

Based on our trend formula, 6B.Z23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for 6B.Z23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.2245 1.2255 1.2228 1.2229 -0.0017
Prev. Close Volume Bid Ask Time
1.2242 17128 2023-09-25 04:29:40
Expiration2023-12-18Open Time18:00
Close Time17:00
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