Future Trend Analysis Report
Prepared for you on Thursday, May 6, 2021.
EURO FX Jun 2021 (CME:6E.M21)
Sidelines Mode (+55) - 6E.M21 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid 6E.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6E.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6E.M21
The long-term trend has been DOWN since Mar 4th, 2021 at 1.19865
The intermediate-term trend has been UP since Apr 13th, 2021 at 1.19625
The short-term trend has been DOWN since Apr 30th, 2021 at 1.20865
Smart Scan Analysis for 6E.M21
Based on our trend formula, 6E.M21 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).