Future Trend Analysis Report
Prepared for you on Wednesday, October 4, 2023.
EURO FX Dec 2023 (CME:6E.Z23)
Strong Downtrend (-100) - 6E.Z23 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, 6E.Z23 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid 6E.Z23?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6E.Z23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6E.Z23
The long-term trend has been DOWN since Sep 5th, 2023 at 1.07885
The intermediate-term trend has been DOWN since Aug 2nd, 2023 at 1.10260
The short-term trend has been DOWN since Oct 2nd, 2023 at 1.05925
Smart Scan Analysis for 6E.Z23
Based on our trend formula, 6E.Z23 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).