Future Trend Analysis Report
Prepared for you on Tuesday, November 20, 2018.
EURO FX (FXCM) Cash (DTN:EC.Y$$)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for EC.Y$$
The long term trend has been DOWN since May 1st, 2018 at 1.2069
The intermediate term trend has been DOWN since Oct 1st, 2018 at 1.1572
The short term trend has been UP since Nov 16th, 2018 at 1.1337
Smart Scan Analysis for EC.Y$$
Based on a pre-defined weighted trend formula for chart analysis, EC.Y$$ scored -55 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|