Future Trend Analysis Report
Prepared for you on Wednesday, January 19, 2022.
EURO/BRITISH POUND (NEW) MARCH 2022 (ICE:@KGB.H22)
Strong Downtrend (-100) - @KGB.H22 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, @KGB.H22 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid @KGB.H22?
MarketClub looks at technical strength and momentum to determine if the timing is right for @KGB.H22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @KGB.H22
The long-term trend has been DOWN since Jul 27th, 2021 at 0.85530
The intermediate-term trend has been DOWN since Dec 23rd, 2021 at 0.84775
The short-term trend has been DOWN since Jan 13th, 2022 at 0.83510
Smart Scan Analysis for @KGB.H22
Based on our trend formula, @KGB.H22 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||0.86015||52wk High Date||2021-12-09|
|52wk Low||0.83425||52wk Low Date||2022-01-19|