Future Trend Analysis Report
Prepared for you on Friday, January 15, 2021.
EURO/BRITISH POUND Jan 2021 (CME:RP.F21)
Strong Downtrend (-100) - RP.F21 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid RP.F21?
MarketClub looks at technical strength and momentum to determine if the timing is right for RP.F21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RP.F21
The long-term trend has been DOWN since Jan 12th, 2021 at 0.89500
The intermediate-term trend has been DOWN since Dec 23rd, 2020 at 0.90305
The short-term trend has been DOWN since Dec 23rd, 2020 at 0.90420
Smart Scan Analysis for RP.F21
Based on our trend formula, RP.F21 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).