Future Trend Analysis Report
Prepared for you on Saturday, January 19, 2019.
EURO FX Feb 2019 (CME:6E.G19)
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 6E.G19
The long term trend has been DOWN since Oct 18th, 2018 at 1.1617
The intermediate term trend has been UP since Dec 20th, 2018 at 1.1512
The short term trend has been DOWN since Jan 15th, 2019 at 1.1494
Smart Scan Analysis for 6E.G19
Based on a pre-defined weighted trend formula for chart analysis, 6E.G19 scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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