Future Trend Analysis Report
Prepared for you on Saturday, August 8, 2020.
E-MICRO EUR/USD Dec 2020 (CME:M6E.Z20)
Countertrend Up (+85) - M6E.Z20 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid M6E.Z20?
MarketClub looks at technical strength and momentum to determine if the timing is right for M6E.Z20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for M6E.Z20
The long-term trend has been UP since Jun 22nd, 2020 at 1.1310
The intermediate-term trend has been UP since Jun 22nd, 2020 at 1.1310
The short-term trend has been DOWN since Aug 7th, 2020 at 1.1826
Smart Scan Analysis for M6E.Z20
Based on our trend formula, M6E.Z20 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).