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Future Trend Analysis Report

Prepared for you on Tuesday, May 18, 2021.

EURO/BRITISH POUND Jun 2021 (CME:RP.M21)

Crossroads (-60) - RP.M21 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid RP.M21?

MarketClub looks at technical strength and momentum to determine if the timing is right for RP.M21.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_RP.M21
Open High Low RP.M21 Price Change
0.85980 0.86130 0.85885 0.86100 +0.00115
Entry Signal

MarketClub’s Trade Triangles for RP.M21

long term up The long-term trend has been UP since Apr 9th, 2021 at 0.86865

intermediate term down The intermediate-term trend has been DOWN since May 10th, 2021 at 0.86155

short term down The short-term trend has been DOWN since May 17th, 2021 at 0.86040

Smart Scan Analysis for RP.M21

Based on our trend formula, RP.M21 is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for RP.M21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.85980 0.86130 0.85885 0.86100 +0.00115
Prev. Close Volume Bid Ask Time
0.85985 727 2021-05-18 12:45:11
Expiration2021-06-14Open Time18:00
Close Time17:00
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