Future Trend Analysis Report
Prepared for you on Saturday, August 8, 2020.
EURO FX Aug 2020 (CME:6E.Q20)
Countertrend Up (+85) - 6E.Q20 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 6E.Q20?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6E.Q20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6E.Q20
The long-term trend has been UP since May 15th, 2020 at 1.08160
The intermediate-term trend has been UP since May 15th, 2020 at 1.08160
The short-term trend has been DOWN since Aug 7th, 2020 at 1.17985
Smart Scan Analysis for 6E.Q20
Based on our trend formula, 6E.Q20 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).