Future Trend Analysis Report
Prepared for you on Monday, June 21, 2021.
BRITISH POUND/SWISS FRANC JUNE 2021 (ICE:@BF.M21)
Countertrend Up (+85) - @BF.M21 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 @BF.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for @BF.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @BF.M21
The long-term trend has been UP since Nov 23rd, 2020 at 1.2088
The intermediate-term trend has been UP since May 11th, 2021 at 1.2778
The short-term trend has been UP since Jun 3rd, 2021 at 1.2743
Smart Scan Analysis for @BF.M21
Based on our trend formula, @BF.M21 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1.3035||52wk High Date||2021-04-01|
|52wk Low||1.2602||52wk Low Date||2021-05-07|