Future Trend Analysis Report
Prepared for you on Saturday, May 8, 2021.
EURO/BRITISH POUND Jun 2021 (CME:RP.M21)
Strong Uptrend (+100) - RP.M21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, RP.M21 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid RP.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for RP.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RP.M21
The long-term trend has been UP since Apr 9th, 2021 at 0.86865
The intermediate-term trend has been UP since Apr 7th, 2021 at 0.86460
The short-term trend has been UP since May 6th, 2021 at 0.86800
Smart Scan Analysis for RP.M21
Based on our trend formula, RP.M21 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).