Future Trend Analysis Report
Prepared for you on Saturday, November 18, 2017.
EURO FX Dec 2017 (E) (CME:6E.Z17.E)
Smart Scan Chart Analysis shows the current uptrend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Uptrend with very tight 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.Z17.E
The long term trend has been DOWN since Nov 7th, 2017 at 1.16040
The intermediate term trend has been UP since Nov 15th, 2017 at 1.18685
The short term trend has been UP since Nov 9th, 2017 at 1.16495
Smart Scan Analysis for 6E.Z17.E
Based on a pre-defined weighted trend formula for chart analysis, 6E.Z17.E scored +60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||1.21545||Contract High Date||2017-09-08|
|Contract Low||1.0564||Contract Low Date||2017-01-03|
|Estimated Volume||178838||First Delivery||2017-12-20|