Future Trend Analysis Report
Prepared for you on Sunday, February 23, 2020.
E-MICRO GBP/USD Jun 2020 (CME:M6B.M20)
Long-Term Downtrend (-90) - M6B.M20 is in a strong downtrend that is likely to continue. While M6B.M20 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid M6B.M20?
MarketClub looks at technical strength and momentum to determine if the timing is right for M6B.M20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for M6B.M20
The long-term trend has been DOWN since Feb 7th, 2020 at 1.2999
The intermediate-term trend has been DOWN since Feb 7th, 2020 at 1.3043
The short-term trend has been DOWN since Feb 3rd, 2020 at 1.3140
Smart Scan Analysis for M6B.M20
Based on our trend formula, M6B.M20 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).