Future Trend Analysis Report
Prepared for you on Wednesday, November 25, 2020.
EURO/BRITISH POUND Nov 2020 (CME:RP.X20)
Long-Term Downtrend (-90) - RP.X20 is in a strong downtrend that is likely to continue. While RP.X20 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid RP.X20?
MarketClub looks at technical strength and momentum to determine if the timing is right for RP.X20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RP.X20
The long-term trend has been DOWN since Nov 11th, 2020 at 0.9051
The intermediate-term trend has been DOWN since Nov 11th, 2020 at 0.9051
The short-term trend has been DOWN since at
Smart Scan Analysis for RP.X20
Based on our trend formula, RP.X20 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).