Future Trend Analysis Report
Prepared for you on Wednesday, April 8, 2020.
SMALL BRITISH PD/US $ JUNE 2020 (ICE:@MP.M20)
Sidelines Mode (-55) - @MP.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 @MP.M20?
MarketClub looks at technical strength and momentum to determine if the timing is right for @MP.M20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @MP.M20
The long-term trend has been DOWN since Feb 28th, 2020 at 1.2908
The intermediate-term trend has been DOWN since Mar 12th, 2020 at 1.2801
The short-term trend has been UP since Apr 8th, 2020 at 1.2374
Smart Scan Analysis for @MP.M20
Based on our trend formula, @MP.M20 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1.3041||52wk High Date||2020-03-06|
|52wk Low||1.1475||52wk Low Date||2020-03-23|