Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Wednesday, December 7, 2022.

E-MICRO GBP/USD Mar 2023 (CME:M6B.H23)

Countertrend Up (+85) - M6B.H23 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid M6B.H23?

MarketClub looks at technical strength and momentum to determine if the timing is right for M6B.H23.

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

CME_M6B.H23
Open High Low M6B.H23 Price Change
1.2168 1.2184 1.2143 1.2177 -0.0001
Entry Signal

MarketClub’s Trade Triangles for M6B.H23

long term up The long-term trend has been UP since Oct 4th, 2022 at 1.1405

intermediate term up The intermediate-term trend has been UP since Oct 4th, 2022 at 1.1405

short term down The short-term trend has been DOWN since Dec 6th, 2022 at 1.2180

Smart Scan Analysis for M6B.H23

Based on our trend formula, M6B.H23 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for M6B.H23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.2168 1.2184 1.2143 1.2177 -0.0001
Prev. Close Volume Bid Ask Time
1.2167 68 2022-12-07 05:13:02
Expiration2023-03-13Open Time18:00
Close Time17:00
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