Future Trend Analysis Report
Prepared for you on Wednesday, July 18, 2018.
1 MONTH EURODOLLAR Jul 2018 (E) (CME:GLB.N18.E)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 GLB.N18.E
The long term trend has been DOWN since Sep 20th, 2017 at 98.4525
The intermediate term trend has been UP since May 24th, 2018 at 97.8850
The short term trend has been DOWN since Jun 13th, 2018 at 97.9025
Smart Scan Analysis for GLB.N18.E
Based on a pre-defined weighted trend formula for chart analysis, GLB.N18.E scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||98.315||Contract High Date||2017-10-24|
|Contract Low||97.85||Contract Low Date||2018-05-09|
|Open Time||18:00||Close Time||17:00|