Future Trend Analysis Report
Prepared for you on Thursday, August 6, 2020.
EURO FX Sep 2020 (CME:6E.U20)
Long-Term Uptrend (+90) - 6E.U20 is in a strong uptrend that is likely to continue. While 6E.U20 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid 6E.U20?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6E.U20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6E.U20
The long-term trend has been UP since Jul 14th, 2020 at 1.1419
The intermediate-term trend has been UP since May 1st, 2020 at 1.1031
The short-term trend has been UP since Aug 5th, 2020 at 1.1826
Smart Scan Analysis for 6E.U20
Based on our trend formula, 6E.U20 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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