Future Trend Analysis Report
Prepared for you on Sunday, September 20, 2020.
E-MICRO GBP/USD Sep 2020 (CME:M6B.U20)
Sidelines Mode (+55) - M6B.U20 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.U20?
MarketClub looks at technical strength and momentum to determine if the timing is right for M6B.U20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for M6B.U20
The long-term trend has been UP since Mar 20th, 2020 at 1.1874
The intermediate-term trend has been DOWN since Sep 8th, 2020 at 1.3059
The short-term trend has been UP since Sep 14th, 2020 at 1.2865
Smart Scan Analysis for M6B.U20
Based on our trend formula, M6B.U20 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).