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Future Trend Analysis Report

Prepared for you on Sunday, July 12, 2020.

BRITISH POUND Aug 2020 (CME:6B.Q20)

Long-Term Uptrend (+90) - 6B.Q20 is in a strong uptrend that is likely to continue. While 6B.Q20 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid 6B.Q20?

MarketClub looks at technical strength and momentum to determine if the timing is right for 6B.Q20.

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

CME_6B.Q20
Open High Low 6B.Q20 Price Change
1.2602 1.2651 1.2577 1.2633 +0.0023
Entry Signal

MarketClub’s Trade Triangles for 6B.Q20

long term up The long-term trend has been UP since Jun 2nd, 2020 at 1.2607

intermediate term up The intermediate-term trend has been UP since Jul 8th, 2020 at 1.2624

short term up The short-term trend has been UP since Jul 1st, 2020 at 1.2390

Smart Scan Analysis for 6B.Q20

Based on our trend formula, 6B.Q20 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for 6B.Q20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.2602 1.2651 1.2577 1.2633 +0.0023
Prev. Close Volume Bid Ask Time
1.2488 260 2020-07-10 15:45:32
Expiration2020-08-17Open Time18:00
Close Time17:00
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