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Future Trend Analysis Report

Prepared for you on Sunday, May 31, 2020.

E-MICRO GBP/USD Jun 2020 (CME:M6B.M20)

Sidelines Mode (-55) - M6B.M20 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid M6B.M20?

MarketClub looks at technical strength and momentum to determine if the timing is right for M6B.M20.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_M6B.M20
Open High Low M6B.M20 Price Change
1.2346 1.2415 1.2328 1.2410 +0.0084
Entry Signal

MarketClub’s Trade Triangles for M6B.M20

long term down The long-term trend has been DOWN since Feb 7th, 2020 at 1.2999

intermediate term down The intermediate-term trend has been DOWN since May 11th, 2020 at 1.2286

short term up The short-term trend has been UP since May 26th, 2020 at 1.2234

Smart Scan Analysis for M6B.M20

Based on our trend formula, M6B.M20 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for M6B.M20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.2346 1.2415 1.2328 1.2410 +0.0084
Prev. Close Volume Bid Ask Time
1.2427 688 2020-05-31 22:48:21
Expiration2020-06-15Open Time18:00
Close Time17:00
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