Future Trend Analysis Report
Prepared for you on Monday, September 21, 2020.
EURO/BRITISH POUND Sep 2020 (CME:RP.U20)
Long-Term Uptrend (+90) - RP.U20 is in a strong uptrend that is likely to continue. While RP.U20 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid RP.U20?
MarketClub looks at technical strength and momentum to determine if the timing is right for RP.U20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RP.U20
The long-term trend has been UP since Sep 10th, 2020 at 0.91495
The intermediate-term trend has been UP since Sep 8th, 2020 at 0.90630
The short-term trend has been UP since Sep 4th, 2020 at 0.89295
Smart Scan Analysis for RP.U20
Based on our trend formula, RP.U20 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).