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Future Trend Analysis Report

Prepared for you on Monday, June 1, 2020.

EURO/NORWEGIAN KRONE Jun 2020 (CME:ENK.M20)

Strong Downtrend (-100) - ENK.M20 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid ENK.M20?

MarketClub looks at technical strength and momentum to determine if the timing is right for ENK.M20.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_ENK.M20
Open High Low ENK.M20 Price Change
10.8700 10.8700 10.8700 10.8700 +0.0175
Entry Signal

MarketClub’s Trade Triangles for ENK.M20

long term down The long-term trend has been DOWN since Apr 7th, 2020 at 11.1665

intermediate term down The intermediate-term trend has been DOWN since May 7th, 2020 at 11.2650

short term down The short-term trend has been DOWN since Apr 28th, 2020 at 11.4815

Smart Scan Analysis for ENK.M20

Based on our trend formula, ENK.M20 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for ENK.M20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
10.8700 10.8700 10.8700 10.8700 +0.0175
Prev. Close Volume Bid Ask Time
11.4820 2 2020-05-27 11:51:08
Expiration2020-06-15Open Time18:00
Close Time17:00
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