Future Trend Analysis Report
Prepared for you on Saturday, February 23, 2019.
E-MICRO GBP/USD Mar 2019 (CME:M6B.H19)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for M6B.H19
The long term trend has been DOWN since Sep 21st, 2018 at 1.3255
The intermediate term trend has been DOWN since Feb 14th, 2019 at 1.2867
The short term trend has been DOWN since Feb 22nd, 2019 at 1.3034
Smart Scan Analysis for M6B.H19
Based on a pre-defined weighted trend formula for chart analysis, M6B.H19 scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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