Future Trend Analysis Report
Prepared for you on Tuesday, December 5, 2023.
EURO FX (E-MINI) Dec 2023 (CME:E7.Z23)
Bear Market Rally (-75) - E7.Z23 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on E7.Z23 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid E7.Z23?
MarketClub looks at technical strength and momentum to determine if the timing is right for E7.Z23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for E7.Z23
The long-term trend has been DOWN since Aug 17th, 2023 at 1.0926
The intermediate-term trend has been UP since Oct 23rd, 2023 at 1.0656
The short-term trend has been DOWN since Nov 30th, 2023 at 1.0963
Smart Scan Analysis for E7.Z23
Based on our trend formula, E7.Z23 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).