Future Trend Analysis Report
Prepared for you on Wednesday, November 25, 2020.
EURO/BRITISH POUND Dec 2020 (CME:RP.Z20)
Sidelines Mode (-55) - RP.Z20 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.Z20?
MarketClub looks at technical strength and momentum to determine if the timing is right for RP.Z20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for RP.Z20
The long-term trend has been UP since Sep 8th, 2020 at 0.90000
The intermediate-term trend has been DOWN since Oct 12th, 2020 at 0.90555
The short-term trend has been UP since Nov 25th, 2020 at 0.89230
Smart Scan Analysis for RP.Z20
Based on our trend formula, RP.Z20 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).