Future Trend Analysis Report
Prepared for you on Monday, October 14, 2019.
EURO FX Dec 2019 (CME:6E.Z19)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very 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.Z19
The long term trend has been DOWN since May 1st, 2018 at 1.27195
The intermediate term trend has been DOWN since Jul 5th, 2019 at 1.13540
The short term trend has been UP since Oct 10th, 2019 at 1.10410
Smart Scan Analysis for 6E.Z19
Based on a pre-defined weighted trend formula for chart analysis, 6E.Z19 scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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