Future Trend Analysis Report
Prepared for you on Thursday, May 26, 2022.
EURO/BRITISH POUND (NEW) JUNE 2022 (ICE:@KGB.M22)
Long-Term Uptrend (+90) - @KGB.M22 is in a strong uptrend that is likely to continue. While @KGB.M22 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid @KGB.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for @KGB.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @KGB.M22
The long-term trend has been UP since May 5th, 2022 at 0.85260
The intermediate-term trend has been UP since Apr 26th, 2022 at 0.84355
The short-term trend has been UP since May 24th, 2022 at 0.84960
Smart Scan Analysis for @KGB.M22
Based on our trend formula, @KGB.M22 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||0.8587||52wk High Date||2022-05-12|
|52wk Low||0.82635||52wk Low Date||2022-03-07|