Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Thursday, December 8, 2022.

EURO/BRITISH POUND Dec 2022 (CME:RP.Z22)

Bear Market Rally (-75) - RP.Z22 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on RP.Z22 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid RP.Z22?

MarketClub looks at technical strength and momentum to determine if the timing is right for RP.Z22.

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

CME_RP.Z22
Open High Low RP.Z22 Price Change
0.86130 0.86230 0.86130 0.86215 +0.00125
Entry Signal

MarketClub’s Trade Triangles for RP.Z22

long term down The long-term trend has been DOWN since Dec 2nd, 2022 at 0.85865

intermediate term down The intermediate-term trend has been DOWN since Nov 24th, 2022 at 0.86010

short term up The short-term trend has been UP since Dec 5th, 2022 at 0.86135

Smart Scan Analysis for RP.Z22

Based on our trend formula, RP.Z22 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-75
Smart Scan Analysis for RP.Z22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.86130 0.86230 0.86130 0.86215 +0.00125
Prev. Close Volume Bid Ask Time
0.86090 17 2022-12-08 01:19:01
Expiration2022-12-19Open Time18:00
Close Time17:00
Get a free daily analysis and signals for EURO/BRITISH POUND Dec 2022 (RP.Z22) - Request Your Free Report.