Future Trend Analysis Report
Prepared for you on Monday, October 25, 2021.
EURO/BRITISH POUND (NEW) DECEMBER 2021 (ICE:@KGB.Z21)
Bear Market Rally (-75) - @KGB.Z21 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on @KGB.Z21 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid @KGB.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for @KGB.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @KGB.Z21
The long-term trend has been DOWN since Dec 15th, 2020 at 0.9201
The intermediate-term trend has been DOWN since Oct 5th, 2021 at 0.8535
The short-term trend has been UP since Oct 22nd, 2021 at 0.8445
Smart Scan Analysis for @KGB.Z21
Based on our trend formula, @KGB.Z21 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||0.86675||52wk High Date||2021-09-29|
|52wk Low||0.843||52wk Low Date||2021-10-21|