Future Trend Analysis Report
Prepared for you on Sunday, January 19, 2020.
EURO FX Jan 2020 (CME:6E.F20)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend 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 6E.F20
The long term trend has been UP since Dec 31st, 2019 at 1.12340
The intermediate term trend has been UP since Dec 4th, 2019 at 1.11355
The short term trend has been UP since Jan 13th, 2020 at 1.11255
Smart Scan Analysis for 6E.F20
Based on a pre-defined weighted trend formula for chart analysis, 6E.F20 scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).