Future Trend Analysis Report
Prepared for you on Tuesday, April 7, 2020.
EURO FX Apr 2020 (CME:6E.J20)
Bear Market Rally (-75) - 6E.J20 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on 6E.J20 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid 6E.J20?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6E.J20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6E.J20
The long-term trend has been DOWN since Mar 19th, 2020 at 1.08225
The intermediate-term trend has been DOWN since Mar 19th, 2020 at 1.08405
The short-term trend has been UP since Apr 7th, 2020 at 1.08595
Smart Scan Analysis for 6E.J20
Based on our trend formula, 6E.J20 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).