Future Trend Analysis Report
Prepared for you on Saturday, January 23, 2021.
EURO/BRITISH POUND Mar 2021 (CME:RP.H21)
Bear Market Rally (-75) - RP.H21 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on RP.H21 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid RP.H21?
MarketClub looks at technical strength and momentum to determine if the timing is right for RP.H21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RP.H21
The long-term trend has been DOWN since Jan 13th, 2021 at 0.89335
The intermediate-term trend has been DOWN since Dec 31st, 2020 at 0.89665
The short-term trend has been UP since Jan 22nd, 2021 at 0.89125
Smart Scan Analysis for RP.H21
Based on our trend formula, RP.H21 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).