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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.

CME_6B.M20
Open High Low 6B.M20 Price Change
1.2923 1.3010 1.2918 1.3003 +0.0085
Entry Signal

MarketClub’s Trade Triangles for 6B.M20

long term down The long-term trend has been DOWN since Feb 20th, 2020 at 1.2923

intermediate term down The intermediate-term trend has been DOWN since Feb 5th, 2020 at 1.3028

short term down 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).

-90
Smart Scan Analysis for 6B.M20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.2923 1.3010 1.2918 1.3003 +0.0085
Prev. Close Volume Bid Ask Time
1.3057 325 2020-02-21 10:54:54
Expiration2020-06-15Open Time18:00
Close Time17:00
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