Future Trend Analysis Report
Prepared for you on Tuesday, August 20, 2019.
BRITISH POUND Sep 2019 (CME:6B.U19)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for 6B.U19
The long term trend has been DOWN since May 15th, 2019 at 1.2965
The intermediate term trend has been DOWN since May 15th, 2019 at 1.2965
The short term trend has been DOWN since Aug 20th, 2019 at 1.2094
Smart Scan Analysis for 6B.U19
Based on a pre-defined weighted trend formula for chart analysis, 6B.U19 scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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