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.
MarketClub’s Trade Triangles for 6B.Z23
The long-term trend has been DOWN since Sep 14th, 2023 at 1.2438
The intermediate-term trend has been DOWN since Aug 2nd, 2023 at 1.2750
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).