Future Trend Analysis Report
Prepared for you on Monday, September 20, 2021.
EURO FX Oct 2021 (CME:6E.V21)
Long-Term Downtrend (-90) - 6E.V21 is in a strong downtrend that is likely to continue. While 6E.V21 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.V21?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6E.V21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6E.V21
The long-term trend has been DOWN since Aug 6th, 2021 at 1.17785
The intermediate-term trend has been DOWN since Sep 19th, 2021 at 1.17320
The short-term trend has been DOWN since Sep 15th, 2021 at 1.18120
Smart Scan Analysis for 6E.V21
Based on our trend formula, 6E.V21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).