Future Trend Analysis Report
Prepared for you on Saturday, December 16, 2017.
1 MONTH EURODOLLAR Jul 2018 (E) (CME:GLB.N18.E)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term negative trend to resume. Downtrend with 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 GLB.N18.E
The long term trend has been DOWN since Sep 20th, 2017 at 98.4525
The intermediate term trend has been DOWN since Sep 14th, 2017 at 98.5200
The short term trend has been UP since Oct 19th, 2017 at 98.3200
Smart Scan Analysis for GLB.N18.E
Based on a pre-defined weighted trend formula for chart analysis, GLB.N18.E scored -85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||98.315||Contract High Date||2017-10-24|
|Contract Low||98.315||Contract Low Date||2017-10-24|