Future Trend Analysis Report
Prepared for you on Tuesday, July 23, 2019.
EURODOLLAR Mar 2024 (CME:GE.H24)
Smart Scan Chart Analysis indicates that the downward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.
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.H24
The long term trend has been UP since Dec 4th, 2018 at 97.000
The intermediate term trend has been DOWN since Jul 11th, 2019 at 97.975
The short term trend has been DOWN since Jul 21st, 2019 at 98.040
Smart Scan Analysis for GE.H24
Based on a pre-defined weighted trend formula for chart analysis, GE.H24 scored -50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).