Future Trend Analysis Report
Prepared for you on Tuesday, May 24, 2022.
BRITISH POUND Dec 2022 (CME:6B.Z22)
Countertrend Down (-85) - 6B.Z22 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid 6B.Z22?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6B.Z22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6B.Z22
The long-term trend has been DOWN since Mar 8th, 2022 at 1.3177
The intermediate-term trend has been DOWN since Nov 25th, 2021 at 1.3450
The short-term trend has been UP since May 17th, 2022 at 1.2405
Smart Scan Analysis for 6B.Z22
Based on our trend formula, 6B.Z22 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).