Future Trend Analysis Report
Prepared for you on Tuesday, July 5, 2022.
E-MICRO GBP/USD Sep 2022 (CME:M6B.U22)
Strong Downtrend (-100) - M6B.U22 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, M6B.U22 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid M6B.U22?
MarketClub looks at technical strength and momentum to determine if the timing is right for M6B.U22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for M6B.U22
The long-term trend has been DOWN since Apr 8th, 2022 at 1.3037
The intermediate-term trend has been DOWN since Jun 12th, 2022 at 1.2310
The short-term trend has been DOWN since Jun 28th, 2022 at 1.2262
Smart Scan Analysis for M6B.U22
Based on our trend formula, M6B.U22 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).