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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.
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MarketClub’s Trade Triangles for 6B.Q23
The long-term trend has been UP since Jun 1st, 2023 at 1.2489
The intermediate-term trend has been UP since Jun 1st, 2023 at 1.2489
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).
| 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 |
| Expiration | 2023-08-14 | Open Time | 18:00 |
| Close Time | 17:00 |