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Future Trend Analysis Report

Prepared for you on Thursday, August 13, 2020.

EURO/BRITISH POUND Sep 2020 (CME:RP.U20)

Sidelines Mode (+55) - RP.U20 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

Is it time to buy, sell, or avoid RP.U20?

MarketClub looks at technical strength and momentum to determine if the timing is right for RP.U20.

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

CME_RP.U20
Open High Low RP.U20 Price Change
0.90470 0.90570 0.90355 0.90430 -0.00115
Entry Signal

MarketClub’s Trade Triangles for RP.U20

long term up The long-term trend has been UP since May 19th, 2020 at 0.87830

intermediate term down The intermediate-term trend has been DOWN since Jul 9th, 2020 at 0.89665

short term up The short-term trend has been UP since Aug 12th, 2020 at 0.90470

Smart Scan Analysis for RP.U20

Based on our trend formula, RP.U20 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for RP.U20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.90470 0.90570 0.90355 0.90430 -0.00115
Prev. Close Volume Bid Ask Time
0.89920 457 2020-08-13 13:44:19
Expiration2020-09-14Open Time18:00
Close Time17:00
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