Future Trend Analysis Report
Prepared for you on Wednesday, April 8, 2020.
EURO/BRITISH POUND Apr 2020 (CME:RP.J20)
Crossroads (-60) - RP.J20 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid RP.J20?
MarketClub looks at technical strength and momentum to determine if the timing is right for RP.J20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RP.J20
The long-term trend has been UP since Mar 17th, 2020 at 0.8590
The intermediate-term trend has been DOWN since Apr 3rd, 2020 at 0.9102
The short-term trend has been DOWN since Apr 3rd, 2020 at 0.9102
Smart Scan Analysis for RP.J20
Based on our trend formula, RP.J20 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).