Future Trend Analysis Report
Prepared for you on Friday, April 23, 2021.
BRITISH POUND/SWISS FRANC JUNE 2021 (ICE:@BF.M21)
Sidelines Mode (+55) - @BF.M21 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid @BF.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for @BF.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @BF.M21
The long-term trend has been UP since Nov 23rd, 2020 at 1.2088
The intermediate-term trend has been DOWN since Apr 7th, 2021 at 1.2769
The short-term trend has been UP since Apr 14th, 2021 at 1.2670
Smart Scan Analysis for @BF.M21
Based on our trend formula, @BF.M21 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1.3035||52wk High Date||2021-04-01|
|52wk Low||1.2644||52wk Low Date||2021-04-13|