Future Trend Analysis Report
Prepared for you on Monday, January 21, 2019.
EURODOLLAR Jun 2020 (CME:GE.M20)
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 GE.M20
The long term trend has been UP since Dec 5th, 2018 at 97.06
The intermediate term trend has been DOWN since Jan 18th, 2019 at 97.34
The short term trend has been DOWN since Jan 6th, 2019 at 97.52
Smart Scan Analysis for GE.M20
Based on a pre-defined weighted trend formula for chart analysis, GE.M20 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).