Future Trend Analysis Report
Prepared for you on Thursday, August 6, 2020.
E-MICRO GBP/USD Dec 2020 (CME:M6B.Z20)
Strong Uptrend (+100) - M6B.Z20 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, M6B.Z20 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid M6B.Z20?
MarketClub looks at technical strength and momentum to determine if the timing is right for M6B.Z20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for M6B.Z20
The long-term trend has been UP since Jul 20th, 2020 at 1.2670
The intermediate-term trend has been UP since Jul 20th, 2020 at 1.2660
The short-term trend has been UP since Jul 20th, 2020 at 1.2635
Smart Scan Analysis for M6B.Z20
Based on our trend formula, M6B.Z20 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).