Future Trend Analysis Report
Prepared for you on Wednesday, October 27, 2021.
E-MICRO EUR/USD Dec 2021 (CME:M6E.Z21)
Bear Market Rally (-75) - M6E.Z21 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on M6E.Z21 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid M6E.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for M6E.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for M6E.Z21
The long-term trend has been DOWN since Jun 16th, 2021 at 1.2145
The intermediate-term trend has been DOWN since Sep 19th, 2021 at 1.1744
The short-term trend has been DOWN since Oct 22nd, 2021 at 1.1633
Smart Scan Analysis for M6E.Z21
Based on our trend formula, M6E.Z21 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).