Future Trend Analysis Report
Prepared for you on Saturday, October 20, 2018.
EURO/AUSTRALIAN $ Dec 2018 (E) (CME:EAD.Z18.E)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend 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 EAD.Z18.E
The long term trend has been UP since Sep 5th, 2018 at 1.6280
The intermediate term trend has been DOWN since Sep 28th, 2018 at 1.6152
The short term trend has been DOWN since Oct 9th, 2018 at 1.6315
Smart Scan Analysis for EAD.Z18.E
Based on a pre-defined weighted trend formula for chart analysis, EAD.Z18.E scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||1.6447||Contract High Date||2018-09-11|
|Contract Low||1.575||Contract Low Date||2018-08-07|
|Estimated Volume||47||First Delivery||2018-12-19|