Future Trend Analysis Report
Prepared for you on Saturday, December 9, 2023.
SMALL BRITISH PD/US $ DECEMBER 2023 (ICE:@MP.Z23)
Sidelines Mode (+55) - @MP.Z23 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.Z23?
MarketClub looks at technical strength and momentum to determine if the timing is right for @MP.Z23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @MP.Z23
The long-term trend has been DOWN since Sep 8th, 2023 at 1.2454
The intermediate-term trend has been UP since Nov 3rd, 2023 at 1.2309
The short-term trend has been DOWN since Dec 1st, 2023 at 1.2614
Smart Scan Analysis for @MP.Z23
Based on our trend formula, @MP.Z23 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1.2712||52wk High Date||2023-11-28|
|52wk Low||1.2066||52wk Low Date||2023-10-03|