Future Trend Analysis Report
Prepared for you on Thursday, April 22, 2021.
SMALL BRITISH PD/US $ JUNE 2021 (ICE:@MP.M21)
Long-Term Uptrend (+90) - @MP.M21 is in a strong uptrend that is likely to continue. While @MP.M21 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 @MP.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for @MP.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @MP.M21
The long-term trend has been UP since Jul 8th, 2020 at 1.2602
The intermediate-term trend has been UP since Apr 19th, 2021 at 1.3909
The short-term trend has been UP since Apr 14th, 2021 at 1.3739
Smart Scan Analysis for @MP.M21
Based on our trend formula, @MP.M21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1.3998||52wk High Date||2021-03-11|
|52wk Low||1.3672||52wk Low Date||2021-03-24|