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Future Trend Analysis Report

Prepared for you on Wednesday, May 27, 2020.

EURO FX May 2020 (CME:6E.K20)

Sidelines Mode (+50) - 6E.K20 is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until 6E.K20 can gain momentum.

Is it time to buy, sell, or avoid 6E.K20?

MarketClub looks at technical strength and momentum to determine if the timing is right for 6E.K20.

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

CME_6E.K20
Open High Low 6E.K20 Price Change
1.08245 1.08505 1.08045 1.08505 +0.00365
Entry Signal

MarketClub’s Trade Triangles for 6E.K20

long term down The long-term trend has been DOWN since Mar 19th, 2020 at 1.08395

intermediate term up The intermediate-term trend has been UP since May 1st, 2020 at 1.09930

short term up The short-term trend has been UP since May 18th, 2020 at 1.08450

Smart Scan Analysis for 6E.K20

Based on our trend formula, 6E.K20 is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+50
Smart Scan Analysis for 6E.K20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.08245 1.08505 1.08045 1.08505 +0.00365
Prev. Close Volume Bid Ask Time
1.10475 78 2020-05-18 09:37:12
Expiration2020-05-18Open Time18:00
Close Time17:00
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