Future Trend Analysis Report
Prepared for you on Monday, November 19, 2018.
EURO/CANADIAN $ Dec 2018 (E) (CME:ECD.Z18.E)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 ECD.Z18.E
The long term trend has been DOWN since May 1st, 2018 at 1.5650
The intermediate term trend has been UP since Nov 19th, 2018 at 1.5082
The short term trend has been UP since Nov 19th, 2018 at 1.5054
Smart Scan Analysis for ECD.Z18.E
Based on a pre-defined weighted trend formula for chart analysis, ECD.Z18.E scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||1.544||Contract High Date||2018-09-06|
|Contract Low||1.4836||Contract Low Date||2018-10-24|
|Estimated Volume||36||First Delivery||2018-12-19|