Future Trend Analysis Report
Prepared for you on Thursday, October 21, 2021.
EURO/BRITISH POUND Dec 2021 (CME:RP.Z21)
Strong Downtrend (-100) - RP.Z21 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.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for RP.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RP.Z21
The long-term trend has been DOWN since Oct 5th, 2021 at 0.85250
The intermediate-term trend has been DOWN since Oct 5th, 2021 at 0.85250
The short-term trend has been DOWN since Oct 14th, 2021 at 0.84945
Smart Scan Analysis for RP.Z21
Based on our trend formula, RP.Z21 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).