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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.

CME_6E.Q20
Open High Low 6E.Q20 Price Change
1.18665 1.18665 1.17595 1.17850 -0.00950
Entry Signal

MarketClub’s Trade Triangles for 6E.Q20

long term up The long-term trend has been UP since May 15th, 2020 at 1.08160

intermediate term up The intermediate-term trend has been UP since May 15th, 2020 at 1.08160

short term down 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).

+85
Smart Scan Analysis for 6E.Q20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.18665 1.18665 1.17595 1.17850 -0.00950
Prev. Close Volume Bid Ask Time
1.12770 520 2020-08-07 15:10:04
Expiration2020-08-17Open Time18:00
Close Time17:00
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