Future Trend Analysis Report
Prepared for you on Wednesday, July 15, 2020.
BRITISH POUND Jun 2021 (CME:6B.M21)
Strong Downtrend (-100) - 6B.M21 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
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 DOWN since Mar 23rd, 2020 at 1.3080
The intermediate-term trend has been DOWN since Jun 29th, 2020 at 1.2513
The short-term trend has been DOWN since Jun 29th, 2020 at 1.2513
Smart Scan Analysis for 6B.M21
Based on our trend formula, 6B.M21 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).