Future Trend Analysis Report
Prepared for you on Tuesday, May 17, 2022.
ETHEREUM May 2022 (CME:ETH.K22)
Strong Downtrend (-100) - ETH.K22 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, ETH.K22 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ETH.K22?
MarketClub looks at technical strength and momentum to determine if the timing is right for ETH.K22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ETH.K22
The long-term trend has been DOWN since Jan 5th, 2022 at 4250.0
The intermediate-term trend has been DOWN since Apr 21st, 2022 at 2960.0
The short-term trend has been DOWN since Apr 26th, 2022 at 2844.5
Smart Scan Analysis for ETH.K22
Based on our trend formula, ETH.K22 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).