Future Trend Analysis Report
Prepared for you on Friday, February 21, 2020.
BRITISH POUND Jun 2020 (CME:6B.M20)
Long-Term Downtrend (-90) - 6B.M20 is in a strong downtrend that is likely to continue. While 6B.M20 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid 6B.M20?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6B.M20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6B.M20
The long-term trend has been DOWN since Feb 20th, 2020 at 1.2923
The intermediate-term trend has been DOWN since Feb 5th, 2020 at 1.3028
The short-term trend has been DOWN since Feb 17th, 2020 at 1.3042
Smart Scan Analysis for 6B.M20
Based on our trend formula, 6B.M20 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).