Future Trend Analysis Report
Prepared for you on Friday, September 17, 2021.
EURO/BRITISH POUND Sep 2021 (CME:RP.U21)
Strong Downtrend (-100) - RP.U21 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid RP.U21?
MarketClub looks at technical strength and momentum to determine if the timing is right for RP.U21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RP.U21
The long-term trend has been DOWN since May 10th, 2021 at 0.87000
The intermediate-term trend has been DOWN since Sep 13th, 2021 at 0.85250
The short-term trend has been DOWN since Sep 9th, 2021 at 0.85795
Smart Scan Analysis for RP.U21
Based on our trend formula, RP.U21 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).