Future Trend Analysis Report
Prepared for you on Thursday, June 1, 2023.
EURO FX Jun 2023 (CME:6E.M23)
Crossroads (-60) - 6E.M23 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid 6E.M23?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6E.M23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6E.M23
The long-term trend has been UP since Nov 28th, 2022 at 1.06005
The intermediate-term trend has been DOWN since May 11th, 2023 at 1.09595
The short-term trend has been DOWN since Jun 1st, 2023 at 1.06900
Smart Scan Analysis for 6E.M23
Based on our trend formula, 6E.M23 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).