Future Trend Analysis Report
Prepared for you on Wednesday, November 22, 2017.
EURO FX Nov 2017 (E) (CME:6E.X17.E)
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.X17.E
The long term trend has been DOWN since Nov 7th, 2017 at 1.15825
The intermediate term trend has been DOWN since Sep 25th, 2017 at 1.18750
The short term trend has been UP since Nov 9th, 2017 at 1.16280
Smart Scan Analysis for 6E.X17.E
Based on a pre-defined weighted trend formula for chart analysis, 6E.X17.E scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||1.21245||Contract High Date||2017-09-07|
|Contract Low||1.1561||Contract Low Date||2017-11-07|
|Estimated Volume||266||First Delivery||2017-11-15|