Future Trend Analysis Report
Prepared for you on Friday, August 7, 2020.
EURO FX Dec 2020 (CME:6E.Z20)
Bull Market Weakness (+75) - 6E.Z20 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on 6E.Z20 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid 6E.Z20?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6E.Z20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6E.Z20
The long-term trend has been UP since Jul 14th, 2020 at 1.14565
The intermediate-term trend has been UP since May 20th, 2020 at 1.10380
The short-term trend has been DOWN since Aug 7th, 2020 at 1.18260
Smart Scan Analysis for 6E.Z20
Based on our trend formula, 6E.Z20 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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