Future Trend Analysis Report
Prepared for you on Sunday, April 5, 2020.
BRITISH POUND Apr 2020 (CME:6B.J20)
Weak Downtrend (-65) - 6B.J20 is showing signs of a strengthening downtrend. Monitor 6B.J20 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid 6B.J20?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6B.J20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6B.J20
The long-term trend has been DOWN since Jan 14th, 2020 at 1.3131
The intermediate-term trend has been DOWN since Mar 12th, 2020 at 1.2758
The short-term trend has been DOWN since Apr 3rd, 2020 at 1.2344
Smart Scan Analysis for 6B.J20
Based on our trend formula, 6B.J20 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).