Future Trend Analysis Report
Prepared for you on Tuesday, October 26, 2021.
EURO FX Oct 2021 (CME:6E.V21)
Countertrend Down (-85) - 6E.V21 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid 6E.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6E.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6E.V21
The long-term trend has been DOWN since Aug 6th, 2021 at 1.17785
The intermediate-term trend has been DOWN since Sep 19th, 2021 at 1.17320
The short-term trend has been UP since Oct 13th, 2021 at 1.15770
Smart Scan Analysis for 6E.V21
Based on our trend formula, 6E.V21 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).