Future Trend Analysis Report
Prepared for you on Sunday, April 18, 2021.
BRITISH POUND Jun 2021 (CME:6B.M21)
Crossroads (+60) - 6B.M21 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid 6B.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6B.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6B.M21
The long-term trend has been UP since Jul 27th, 2020 at 1.2725
The intermediate-term trend has been DOWN since Mar 23rd, 2021 at 1.3786
The short-term trend has been DOWN since Apr 16th, 2021 at 1.3752
Smart Scan Analysis for 6B.M21
Based on our trend formula, 6B.M21 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).