Future Trend Analysis Report
Prepared for you on Saturday, July 31, 2021.
EURO FX Jul 2021 (CME:6E.N21)
Long-Term Downtrend (-90) - 6E.N21 is in a strong downtrend that is likely to continue. While 6E.N21 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid 6E.N21?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6E.N21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6E.N21
The long-term trend has been DOWN since Jul 2nd, 2021 at 1.18430
The intermediate-term trend has been DOWN since Jun 11th, 2021 at 1.21175
The short-term trend has been DOWN since Jul 13th, 2021 at 1.18285
Smart Scan Analysis for 6E.N21
Based on our trend formula, 6E.N21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).