Future Trend Analysis Report
Prepared for you on Saturday, May 8, 2021.
EURO FX May 2021 (CME:6E.K21)
Bull Market Weakness (+75) - 6E.K21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on 6E.K21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid 6E.K21?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6E.K21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6E.K21
The long-term trend has been DOWN since Mar 2nd, 2021 at 1.20480
The intermediate-term trend has been UP since Apr 13th, 2021 at 1.19490
The short-term trend has been UP since May 6th, 2021 at 1.20505
Smart Scan Analysis for 6E.K21
Based on our trend formula, 6E.K21 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).