Future Trend Analysis Report
Prepared for you on Friday, February 21, 2020.
BRITISH POUND Feb 2020 (CME:6B.G20)
Sidelines Mode (-55) - 6B.G20 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 6B.G20?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6B.G20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6B.G20
The long-term trend has been UP since Nov 21st, 2019 at 1.2980
The intermediate-term trend has been DOWN since Feb 4th, 2020 at 1.2969
The short-term trend has been UP since Feb 11th, 2020 at 1.2961
Smart Scan Analysis for 6B.G20
Based on our trend formula, 6B.G20 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).