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.
MarketClub’s Trade Triangles for M6B.U20
The long-term trend has been UP since Mar 20th, 2020 at 1.1874
The intermediate-term trend has been DOWN since Jun 21st, 2020 at 1.2350
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).