Future Trend Analysis Report
Prepared for you on Monday, December 6, 2021.
BRITISH POUND Jun 2022 (CME:6B.M22)
Strong Downtrend (-100) - 6B.M22 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.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6B.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6B.M22
The long-term trend has been DOWN since Nov 11th, 2021 at 1.3563
The intermediate-term trend has been DOWN since Nov 1st, 2021 at 1.3656
The short-term trend has been DOWN since Nov 1st, 2021 at 1.3710
Smart Scan Analysis for 6B.M22
Based on our trend formula, 6B.M22 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).