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Future Trend Analysis Report

Prepared for you on Wednesday, July 15, 2020.

E-MICRO GBP/USD Sep 2020 (CME:M6B.U20)

Sidelines Mode (-50) - M6B.U20 is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until M6B.U20 can gain momentum.

Is it time to buy, sell, or avoid M6B.U20?

MarketClub looks at technical strength and momentum to determine if the timing is right for M6B.U20.

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

CME_M6B.U20
Open High Low M6B.U20 Price Change
1.2565 1.2655 1.2565 1.2586 +0.0025
Entry Signal

MarketClub’s Trade Triangles for M6B.U20

long term up The long-term trend has been UP since Mar 20th, 2020 at 1.1874

intermediate term down The intermediate-term trend has been DOWN since Jun 21st, 2020 at 1.2350

short term down The short-term trend has been DOWN since Jul 13th, 2020 at 1.2570

Smart Scan Analysis for M6B.U20

Based on our trend formula, M6B.U20 is rated as a -50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-50
Smart Scan Analysis for M6B.U20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.2565 1.2655 1.2565 1.2586 +0.0025
Prev. Close Volume Bid Ask Time
1.2550 2372 2020-07-15 13:59:01
Expiration2020-09-14Open Time18:00
Close Time17:00
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