Future Trend Analysis Report
Prepared for you on Tuesday, October 23, 2018.
EURODOLLAR Dec 2018 (E) (CME:GE.Z18.E)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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 GE.Z18.E
The long term trend has been DOWN since Sep 28th, 2017 at 98.12
The intermediate term trend has been DOWN since Sep 7th, 2018 at 97.36
The short term trend has been UP since Oct 23rd, 2018 at 97.26
Smart Scan Analysis for GE.Z18.E
Based on a pre-defined weighted trend formula for chart analysis, GE.Z18.E scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||99.105||Contract High Date||2016-06-24|
|Contract Low||93.965||Contract Low Date||2009-12-22|
|Open Time||18:00||Close Time||17:00|