Future Trend Analysis Report
Prepared for you on Monday, May 10, 2021.
BRITISH POUND May 2021 (CME:6B.K21)
Strong Uptrend (+100) - 6B.K21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, 6B.K21 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid 6B.K21?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6B.K21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6B.K21
The long-term trend has been UP since May 10th, 2021 at 1.4126
The intermediate-term trend has been UP since Apr 19th, 2021 at 1.3900
The short-term trend has been UP since May 6th, 2021 at 1.3926
Smart Scan Analysis for 6B.K21
Based on our trend formula, 6B.K21 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).