Future Trend Analysis Report
Prepared for you on Saturday, December 7, 2019.
BRITISH POUND Jan 2020 (CME:6B.F20)
Smart Scan Chart Analysis continues positive longer term. Look for this market to remain firm. Strong Uptrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for 6B.F20
The long term trend has been UP since Oct 14th, 2019 at 1.2274
The intermediate term trend has been UP since Dec 3rd, 2019 at 1.2975
The short term trend has been UP since Nov 28th, 2019 at 1.2932
Smart Scan Analysis for 6B.F20
Based on a pre-defined weighted trend formula for chart analysis, 6B.F20 scored +90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).