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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.

CME_6E.M23
Open High Low 6E.M23 Price Change
1.07725 1.07735 1.07700 1.07725 +0.00010
Entry Signal

MarketClub’s Trade Triangles for 6E.M23

long term up The long-term trend has been UP since Nov 28th, 2022 at 1.06005

intermediate term down The intermediate-term trend has been DOWN since May 11th, 2023 at 1.09595

short term down 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).

-60
Smart Scan Analysis for 6E.M23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.07725 1.07735 1.07700 1.07725 +0.00010
Prev. Close Volume Bid Ask Time
1.07010 678 2023-06-01 18:33:38
Expiration2023-06-16Open Time18:00
Close Time17:00
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