Future Trend Analysis Report
Prepared for you on Monday, December 11, 2017.
E-MICRO EUR/USD Dec 2017 (E) (CME:M6E.Z17.E)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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 M6E.Z17.E
The long term trend has been DOWN since Nov 7th, 2017 at 1.1604
The intermediate term trend has been UP since Nov 15th, 2017 at 1.1869
The short term trend has been DOWN since Dec 5th, 2017 at 1.1838
Smart Scan Analysis for M6E.Z17.E
Based on a pre-defined weighted trend formula for chart analysis, M6E.Z17.E scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||1.2156||Contract High Date||2017-09-07|
|Contract Low||1.1232||Contract Low Date||2017-06-20|
|Estimated Volume||11121||First Delivery||2017-12-20|