Future Trend Analysis Report
Prepared for you on Tuesday, March 21, 2023.
BRITISH POUND/SWISS FRANC JUNE 2023 (ICE:@BF.M23)
Bull Market Weakness (+75) - @BF.M23 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on @BF.M23 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid @BF.M23?
MarketClub looks at technical strength and momentum to determine if the timing is right for @BF.M23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @BF.M23
The long-term trend has been DOWN since Jun 17th, 2022 at 1.1828
The intermediate-term trend has been UP since Mar 20th, 2023 at 1.1228
The short-term trend has been UP since Mar 16th, 2023 at 1.1044
Smart Scan Analysis for @BF.M23
Based on our trend formula, @BF.M23 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1.1179||52wk High Date||2023-03-17|
|52wk Low||1.091||52wk Low Date||2023-03-13|