Future Trend Analysis Report
Prepared for you on Wednesday, February 19, 2020.
EURO FX Feb 2020 (CME:6E.G20)
Long-Term Downtrend (-90) - 6E.G20 is in a strong downtrend that is likely to continue. While 6E.G20 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid 6E.G20?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6E.G20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6E.G20
The long-term trend has been DOWN since Jan 23rd, 2020 at 1.10740
The intermediate-term trend has been DOWN since Jan 9th, 2020 at 1.11195
The short-term trend has been DOWN since Feb 5th, 2020 at 1.10425
Smart Scan Analysis for 6E.G20
Based on our trend formula, 6E.G20 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).