Future Trend Analysis Report
Prepared for you on Friday, May 25, 2018.
EURO/AUSTRALIAN $ Jun 2018 (E) (CME:EAD.M18.E)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.
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 EAD.M18.E
The long term trend has been DOWN since May 17th, 2018 at 1.5703
The intermediate term trend has been DOWN since May 8th, 2018 at 1.5899
The short term trend has been DOWN since May 10th, 2018 at 1.5890
Smart Scan Analysis for EAD.M18.E
Based on a pre-defined weighted trend formula for chart analysis, EAD.M18.E scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||1.6273||Contract High Date||2018-03-28|
|Contract Low||1.5495||Contract Low Date||2018-05-23|
|Estimated Volume||27||First Delivery||2018-06-20|