Future Trend Analysis Report
Prepared for you on Monday, October 19, 2020.
E-MICRO GBP/USD Mar 2021 (CME:M6B.H21)
Long-Term Uptrend (+90) - M6B.H21 is in a strong uptrend that is likely to continue. While M6B.H21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid M6B.H21?
MarketClub looks at technical strength and momentum to determine if the timing is right for M6B.H21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for M6B.H21
The long-term trend has been UP since Oct 5th, 2020 at 1.2998
The intermediate-term trend has been UP since Oct 5th, 2020 at 1.2998
The short-term trend has been UP since Oct 19th, 2020 at 1.3020
Smart Scan Analysis for M6B.H21
Based on our trend formula, M6B.H21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).