Future Trend Analysis Report
Prepared for you on Wednesday, February 20, 2019.
EURO FX Feb 2019 (CME:6E.G19)
Smart Scan Chart Analysis continues negative longer term. Look for this market to remain weak. 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.
MarketClub’s Trade Triangles for 6E.G19
The long term trend has been DOWN since Oct 18th, 2018 at 1.16170
The intermediate term trend has been DOWN since Jan 22nd, 2019 at 1.13795
The short term trend has been DOWN since Feb 1st, 2019 at 1.14550
Smart Scan Analysis for 6E.G19
Based on a pre-defined weighted trend formula for chart analysis, 6E.G19 scored -90 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Open Time||18:00||Close Time||17:00|