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.
MarketClub’s Trade Triangles for 6B.X20
The long-term trend has been DOWN since Sep 8th, 2020 at 1.3000
The intermediate-term trend has been UP since Oct 9th, 2020 at 1.3001
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).