Future Trend Analysis Report
Prepared for you on Monday, July 6, 2020.
BRITISH POUND Jul 2020 (CME:6B.N20)
Bull Market Weakness (+75) - 6B.N20 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on 6B.N20 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid 6B.N20?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6B.N20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6B.N20
The long-term trend has been UP since Jun 5th, 2020 at 1.2645
The intermediate-term trend has been DOWN since Jun 21st, 2020 at 1.2353
The short-term trend has been UP since Jul 1st, 2020 at 1.2393
Smart Scan Analysis for 6B.N20
Based on our trend formula, 6B.N20 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).