Future Trend Analysis Report
Prepared for you on Thursday, March 4, 2021.
EURO/BRITISH POUND Mar 2021 (CME:RP.H21)
Strong Downtrend (-100) - RP.H21 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.H21?
MarketClub looks at technical strength and momentum to determine if the timing is right for RP.H21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RP.H21
The long-term trend has been DOWN since Jan 13th, 2021 at 0.89335
The intermediate-term trend has been DOWN since Dec 31st, 2020 at 0.89665
The short-term trend has been DOWN since Mar 4th, 2021 at 0.86445
Smart Scan Analysis for RP.H21
Based on our trend formula, RP.H21 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).