Future Trend Analysis Report
Prepared for you on Monday, June 18, 2018.
TURKISH LIRA/EURO Jun 2018 (E) (NYBOT:ETR.M18.E)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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 ETR.M18.E
The long term trend has been DOWN since Jun 20th, 2017 at 0.23370
The intermediate term trend has been DOWN since May 8th, 2018 at 0.19255
The short term trend has been UP since Jun 6th, 2018 at 0.18467
Smart Scan Analysis for ETR.M18.E
Based on a pre-defined weighted trend formula for chart analysis, ETR.M18.E scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||0.205||Contract High Date||2018-03-12|
|Contract Low||0.17485||Contract Low Date||2018-05-23|
|Open Time||20:00||Close Time||17:00|