Future Trend Analysis Report
Prepared for you on Thursday, July 19, 2018.
EURO FX (FXCM) Cash (DTN:EC.Y$$)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for EC.Y$$
The long term trend has been DOWN since May 1st, 2018 at 1.2069
The intermediate term trend has been UP since Jul 9th, 2018 at 1.1757
The short term trend has been DOWN since Jul 11th, 2018 at 1.1704
Smart Scan Analysis for EC.Y$$
Based on a pre-defined weighted trend formula for chart analysis, EC.Y$$ scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||1.6008||Contract High Date||2008-04-22|
|Contract Low||0.8254||Contract Low Date||2000-10-25|
|Open Time||08:00||Close Time||15:10|