Future Trend Analysis Report
Prepared for you on Tuesday, April 13, 2021.
E-MICRO GBP/USD Jun 2021 (CME:M6B.M21)
Sidelines Mode (+55) - M6B.M21 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid M6B.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for M6B.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for M6B.M21
The long-term trend has been UP since Dec 24th, 2020 at 1.3578
The intermediate-term trend has been DOWN since Mar 7th, 2021 at 1.3786
The short-term trend has been UP since Apr 12th, 2021 at 1.3753
Smart Scan Analysis for M6B.M21
Based on our trend formula, M6B.M21 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).