Future Trend Analysis Report
Prepared for you on Sunday, April 5, 2020.
EURO/BRITISH POUND (NEW) JUNE 2020 (ICE:@KGB.M20)
Sidelines Mode (+55) - @KGB.M20 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 @KGB.M20?
MarketClub looks at technical strength and momentum to determine if the timing is right for @KGB.M20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @KGB.M20
The long-term trend has been UP since Mar 10th, 2020 at 0.86515
The intermediate-term trend has been UP since Feb 27th, 2020 at 0.85505
The short-term trend has been DOWN since Mar 26th, 2020 at 0.91245
Smart Scan Analysis for @KGB.M20
Based on our trend formula, @KGB.M20 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||0.9403||52wk High Date||2020-03-19|
|52wk Low||0.8744||52wk Low Date||2020-03-06|