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.
MarketClub’s Trade Triangles for M6B.H23
The long-term trend has been UP since Oct 4th, 2022 at 1.1405
The intermediate-term trend has been UP since Oct 4th, 2022 at 1.1405
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).