Future Trend Analysis Report
Prepared for you on Tuesday, March 2, 2021.
E-MICRO GBP/USD Mar 2021 (CME:M6B.H21)
Bull Market Weakness (+75) - M6B.H21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on M6B.H21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid M6B.H21?
MarketClub looks at technical strength and momentum to determine if the timing is right for M6B.H21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for M6B.H21
The long-term trend has been UP since Oct 5th, 2020 at 1.2998
The intermediate-term trend has been UP since Dec 16th, 2020 at 1.3550
The short-term trend has been DOWN since Feb 25th, 2021 at 1.4064
Smart Scan Analysis for M6B.H21
Based on our trend formula, M6B.H21 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).