Future Trend Analysis Report
Prepared for you on Tuesday, December 11, 2018.
NEW ZEALAND $ Dec 2018 (E) (CME:6N.Z18.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 positive trend to resume. Uptrend 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 6N.Z18.E
The long term trend has been UP since Nov 7th, 2018 at 0.6804
The intermediate term trend has been UP since Nov 1st, 2018 at 0.6611
The short term trend has been UP since Nov 28th, 2018 at 0.6818
Smart Scan Analysis for 6N.Z18.E
Based on a pre-defined weighted trend formula for chart analysis, 6N.Z18.E scored +80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||0.74||Contract High Date||2018-02-20|
|Contract Low||0.6428||Contract Low Date||2018-10-07|
|Estimated Volume||30992||First Delivery||2018-12-19|