Future Trend Analysis Report
Prepared for you on Saturday, June 23, 2018.
EURO/AUSTRALIAN $ Jun 2018 (E) (CME:EAD.M18.E)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for EAD.M18.E
The long term trend has been DOWN since May 17th, 2018 at 1.5703
The intermediate term trend has been DOWN since May 8th, 2018 at 1.5899
The short term trend has been DOWN since Jun 14th, 2018 at 1.5490
Smart Scan Analysis for EAD.M18.E
Based on a pre-defined weighted trend formula for chart analysis, EAD.M18.E scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||1.6273||Contract High Date||2018-03-28|
|Contract Low||1.5299||Contract Low Date||2018-06-04|
|Estimated Volume||218||First Delivery||2018-06-20|