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Future Trend Analysis Report

Prepared for you on Saturday, November 28, 2020.

BRITISH POUND Nov 2020 (CME:6B.X20)

Sidelines Mode (+55) - 6B.X20 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid 6B.X20?

MarketClub looks at technical strength and momentum to determine if the timing is right for 6B.X20.

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

CME_6B.X20
Open High Low 6B.X20 Price Change
1.3221 1.3221 1.3173 1.3198 +0.0021
Entry Signal

MarketClub’s Trade Triangles for 6B.X20

long term down The long-term trend has been DOWN since Sep 8th, 2020 at 1.3000

intermediate term up The intermediate-term trend has been UP since Oct 9th, 2020 at 1.3001

short term down The short-term trend has been DOWN since Nov 12th, 2020 at 1.3170

Smart Scan Analysis for 6B.X20

Based on our trend formula, 6B.X20 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for 6B.X20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.3221 1.3221 1.3173 1.3198 +0.0021
Prev. Close Volume Bid Ask Time
1.2999 9 2020-11-16 09:36:33
Expiration2020-11-16Open Time18:00
Close Time17:00
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