Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Friday, August 19, 2022.

BRITISH POUND Jun 2023 (CME:6B.M23)

Bear Market Rally (-75) - 6B.M23 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on 6B.M23 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid 6B.M23?

MarketClub looks at technical strength and momentum to determine if the timing is right for 6B.M23.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_6B.M23
Open High Low 6B.M23 Price Change
1.2209 1.2209 1.2209 1.1978 +0.0056
Entry Signal

MarketClub’s Trade Triangles for 6B.M23

long term down The long-term trend has been DOWN since Apr 25th, 2022 at 1.3120

intermediate term down The intermediate-term trend has been DOWN since Jul 7th, 2022 at 1.2085

short term up The short-term trend has been UP since Aug 8th, 2022 at 1.2201

Smart Scan Analysis for 6B.M23

Based on our trend formula, 6B.M23 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for 6B.M23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.2209 1.2209 1.2209 1.1978 +0.0056
Prev. Close Volume Bid Ask Time
1.2209 5 2022-08-08 17:28:39
Expiration2023-06-16Open Time18:00
Close Time17:00
Get a free daily analysis and signals for BRITISH POUND Jun 2023 (6B.M23) - Request Your Free Report.