Future Trend Analysis Report
Prepared for you on Wednesday, June 23, 2021.
EURO FX Jul 2021 (CME:6E.N21)
Sidelines Mode (+55) - 6E.N21 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 6E.N21?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6E.N21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6E.N21
The long-term trend has been UP since Apr 12th, 2021 at 1.18570
The intermediate-term trend has been DOWN since Jun 11th, 2021 at 1.21175
The short-term trend has been UP since Jun 22nd, 2021 at 1.19285
Smart Scan Analysis for 6E.N21
Based on our trend formula, 6E.N21 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).