Future Trend Analysis Report
Prepared for you on Tuesday, May 22, 2018.
EURO FX Sep 2018 (E) (CME:6E.U18.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 6E.U18.E
The long term trend has been DOWN since May 1st, 2018 at 1.2187
The intermediate term trend has been DOWN since Apr 3rd, 2018 at 1.2418
The short term trend has been UP since May 22nd, 2018 at 1.1928
Smart Scan Analysis for 6E.U18.E
Based on a pre-defined weighted trend formula for chart analysis, 6E.U18.E scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||1.274||Contract High Date||2018-02-16|
|Contract Low||1.14245||Contract Low Date||2017-06-21|
|Estimated Volume||2514||First Delivery||2018-09-19|