Future Trend Analysis Report
Prepared for you on Wednesday, June 28, 2017.
EURO/CANADIAN $ Jun 2017 (E) (CME:ECD.M17.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 ECD.M17.E
The long term trend has been UP since Mar 10th, 2017 at 1.4395
The intermediate term trend has been DOWN since Jun 12th, 2017 at 1.4993
The short term trend has been DOWN since Jun 7th, 2017 at 1.5138
Smart Scan Analysis for ECD.M17.E
Based on a pre-defined weighted trend formula for chart analysis, ECD.M17.E scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||1.4791||Contract High Date||2017-06-19|
|Contract Low||1.4791||Contract Low Date||2017-06-19|
|Estimated Volume||44||First Delivery||2017-06-21|