Analyze Symbol

Future Trend Analysis Report

Prepared for you on Monday, December 11, 2017.

EURO/BRITISH POUND Dec 2017 (E) (CME:RP.Z17.E)

Smart Scan Chart Analysis confirms that a strong downtrend is in place and that the market remains negative longer term. Strong Downtrend with money management stops. A triangle indicates the presence of a very strong trend that is being driven by strong forces and insiders.

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.

CME_RP.Z17.E
Open High Low RP.Z17.E Price Change
0.87910 0.88460 0.87775 0.88275 +0.00430
Entry Signal

MarketClub’s Trade Triangles for RP.Z17.E

long term down The long term trend has been DOWN since Nov 1st, 2017 at 0.87640

intermediate term down The intermediate term trend has been DOWN since Nov 30th, 2017 at 0.88020

short term down The short term trend has been DOWN since Dec 7th, 2017 at 0.87595

Smart Scan Analysis for RP.Z17.E

Based on a pre-defined weighted trend formula for chart analysis, RP.Z17.E scored -100 on a scale from -100 (strong downtrend) to +100 (strong uptrend).

-100
Smart Scan Analysis for RP.Z17.E
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.87910 0.88460 0.87775 0.88275 +0.00430
Prev. Close Volume Bid Ask Time
0.87800 4268 2017-12-11 15:54:54
Contract High0.9326Contract High Date2017-08-29
Contract Low0.8691Contract Low Date2017-12-08
Estimated Volume6840First Delivery2017-12-20
Expiration2017-12-18Open Time18:00
Close Time17:00
Want to analyze EURO/BRITISH POUND Dec 2017 (E) RP.Z17.E or another symbol? Try our Free Future Trend Analysis Report.