Future Trend Analysis Report
Prepared for you on Tuesday, January 16, 2018.
EURODOLLAR Dec 2023 (E) (CME:GE.Z23.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 GE.Z23.E
The long term trend has been UP since Apr 13th, 2017 at 97.265
The intermediate term trend has been DOWN since Dec 12th, 2017 at 97.330
The short term trend has been DOWN since Jan 3rd, 2018 at 97.360
Smart Scan Analysis for GE.Z23.E
Based on a pre-defined weighted trend formula for chart analysis, GE.Z23.E scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||98.16||Contract High Date||2016-08-31|
|Contract Low||94.735||Contract Low Date||2013-12-30|
|Open Time||18:00||Close Time||17:00|