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Future Trend Analysis Report

Prepared for you on Tuesday, August 11, 2020.

BRITISH POUND Dec 2020 (CME:6B.Z20)

Countertrend Up (+85) - 6B.Z20 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.Z20?

MarketClub looks at technical strength and momentum to determine if the timing is right for 6B.Z20.

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

CME_6B.Z20
Open High Low 6B.Z20 Price Change
1.3097 1.3134 1.3071 1.3118 +0.0038
Entry Signal

MarketClub’s Trade Triangles for 6B.Z20

long term up The long-term trend has been UP since Jun 5th, 2020 at 1.2657

intermediate term up The intermediate-term trend has been UP since Jul 12th, 2020 at 1.2654

short term down The short-term trend has been DOWN since Aug 7th, 2020 at 1.3086

Smart Scan Analysis for 6B.Z20

Based on our trend formula, 6B.Z20 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for 6B.Z20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.3097 1.3134 1.3071 1.3118 +0.0038
Prev. Close Volume Bid Ask Time
1.2483 305 2020-08-11 09:05:24
Expiration2020-12-14Open Time18:00
Close Time17:00
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