Future Trend Analysis Report
Prepared for you on Monday, April 22, 2019.
EURODOLLAR Mar 2023 (CME:GE.H23)
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 GE.H23
The long term trend has been UP since Dec 3rd, 2018 at 97.050
The intermediate term trend has been DOWN since Apr 16th, 2019 at 97.605
The short term trend has been DOWN since Apr 12th, 2019 at 97.675
Smart Scan Analysis for GE.H23
Based on a pre-defined weighted trend formula for chart analysis, GE.H23 scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).