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Future Trend Analysis Report

Prepared for you on Friday, June 2, 2023.

BRITISH POUND Aug 2023 (CME:6B.Q23)

Countertrend Up (+85) - 6B.Q23 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid 6B.Q23?

MarketClub looks at technical strength and momentum to determine if the timing is right for 6B.Q23.

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

CME_6B.Q23
Open High Low 6B.Q23 Price Change
1.2453 1.2534 1.2453 1.2543 +0.0128
Entry Signal

MarketClub’s Trade Triangles for 6B.Q23

long term up The long-term trend has been UP since Jun 1st, 2023 at 1.2489

intermediate term up The intermediate-term trend has been UP since Jun 1st, 2023 at 1.2489

short term up The short-term trend has been UP since Jun 1st, 2023 at 1.2453

Smart Scan Analysis for 6B.Q23

Based on our trend formula, 6B.Q23 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for 6B.Q23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.2453 1.2534 1.2453 1.2543 +0.0128
Prev. Close Volume Bid Ask Time
1.2534 75 2023-06-01 17:28:40
Expiration2023-08-14Open Time18:00
Close Time17:00
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