Future Trend Analysis Report
Prepared for you on Tuesday, January 15, 2019.
EURO FX Sep 2019 (CME:6E.U19)
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 6E.U19
The long term trend has been DOWN since May 1st, 2018 at 1.26160
The intermediate term trend has been UP since Dec 20th, 2018 at 1.16895
The short term trend has been DOWN since Jan 13th, 2019 at 1.17140
Smart Scan Analysis for 6E.U19
Based on a pre-defined weighted trend formula for chart analysis, 6E.U19 scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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