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Future Trend Analysis Report

Prepared for you on Monday, May 16, 2022.

EURO/BRITISH POUND Jun 2022 (CME:RP.M22)

Bull Market Weakness (+75) - RP.M22 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on RP.M22 as it may be in the beginning stages of a reversal.

Is it time to buy, sell, or avoid RP.M22?

MarketClub looks at technical strength and momentum to determine if the timing is right for RP.M22.

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

CME_RP.M22
Open High Low RP.M22 Price Change
0.84980 0.85435 0.84765 0.84785 -0.00305
Entry Signal

MarketClub’s Trade Triangles for RP.M22

long term up The long-term trend has been UP since Mar 30th, 2022 at 0.85245

intermediate term up The intermediate-term trend has been UP since Apr 26th, 2022 at 0.84545

short term up The short-term trend has been UP since May 16th, 2022 at 0.85380

Smart Scan Analysis for RP.M22

Based on our trend formula, RP.M22 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for RP.M22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.84980 0.85435 0.84765 0.84785 -0.00305
Prev. Close Volume Bid Ask Time
0.85125 4538 2022-05-16 16:59:50
Expiration2022-06-13Open Time18:00
Close Time17:00
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