Future Trend Analysis Report
Prepared for you on Friday, April 16, 2021.
EURO/BRITISH POUND Apr 2021 (CME:RP.J21)
Sidelines Mode (+50) - RP.J21 is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until RP.J21 can gain momentum.
Is it time to buy, sell, or avoid RP.J21?
MarketClub looks at technical strength and momentum to determine if the timing is right for RP.J21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RP.J21
The long-term trend has been DOWN since Mar 2nd, 2021 at 0.88905
The intermediate-term trend has been UP since Apr 7th, 2021 at 0.86240
The short-term trend has been UP since Apr 7th, 2021 at 0.86240
Smart Scan Analysis for RP.J21
Based on our trend formula, RP.J21 is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).