Future Trend Analysis Report
Prepared for you on Sunday, June 26, 2022.
EURO/BRITISH POUND Sep 2022 (CME:RP.U22)
Countertrend Up (+85) - RP.U22 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 RP.U22?
MarketClub looks at technical strength and momentum to determine if the timing is right for RP.U22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RP.U22
The long-term trend has been UP since May 12th, 2022 at 0.85055
The intermediate-term trend has been UP since May 24th, 2022 at 0.86265
The short-term trend has been DOWN since Jun 24th, 2022 at 0.86160
Smart Scan Analysis for RP.U22
Based on our trend formula, RP.U22 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).