Future Trend Analysis Report
Prepared for you on Tuesday, May 17, 2022.
E-MICRO GBP/USD Jun 2022 (CME:M6B.M22)
Weak Downtrend (-65) - M6B.M22 is showing signs of a strengthening downtrend. Monitor M6B.M22 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid M6B.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for M6B.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for M6B.M22
The long-term trend has been DOWN since Mar 6th, 2022 at 1.3187
The intermediate-term trend has been DOWN since Feb 24th, 2022 at 1.3430
The short-term trend has been UP since May 15th, 2022 at 1.2273
Smart Scan Analysis for M6B.M22
Based on our trend formula, M6B.M22 is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).