Future Trend Analysis Report
Prepared for you on Tuesday, January 22, 2019.
EURODOLLAR Mar 2024 (CME:GE.H24)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very 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 GE.H24
The long term trend has been UP since Dec 4th, 2018 at 97.000
The intermediate term trend has been UP since Nov 19th, 2018 at 96.805
The short term trend has been DOWN since Jan 16th, 2019 at 97.220
Smart Scan Analysis for GE.H24
Based on a pre-defined weighted trend formula for chart analysis, GE.H24 scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).