Future Trend Analysis Report
Prepared for you on Friday, October 22, 2021.
BRITISH POUND Nov 2021 (CME:6B.X21)
Bull Market Weakness (+75) - 6B.X21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on 6B.X21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid 6B.X21?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6B.X21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6B.X21
The long-term trend has been DOWN since Sep 28th, 2021 at 1.3621
The intermediate-term trend has been UP since Oct 15th, 2021 at 1.3745
The short-term trend has been UP since Oct 13th, 2021 at 1.3659
Smart Scan Analysis for 6B.X21
Based on our trend formula, 6B.X21 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).