Future Trend Analysis Report
Prepared for you on Saturday, May 30, 2020.
EURO/BRITISH POUND Jun 2020 (CME:RP.M20)
Bull Market Weakness (+75) - RP.M20 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RP.M20 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid RP.M20?
MarketClub looks at technical strength and momentum to determine if the timing is right for RP.M20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RP.M20
The long-term trend has been UP since Feb 28th, 2020 at 0.85795
The intermediate-term trend has been UP since May 12th, 2020 at 0.88445
The short-term trend has been DOWN since May 27th, 2020 at 0.88990
Smart Scan Analysis for RP.M20
Based on our trend formula, RP.M20 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).