Future Trend Analysis Report
Prepared for you on Sunday, May 31, 2020.
EURODOLLAR May 2020 (CME:GE.K20)
Countertrend Up (+85) - GE.K20 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid GE.K20?
MarketClub looks at technical strength and momentum to determine if the timing is right for GE.K20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GE.K20
The long-term trend has been UP since Jan 27th, 2020 at 98.3450
The intermediate-term trend has been UP since Apr 15th, 2020 at 99.3750
The short-term trend has been DOWN since May 12th, 2020 at 99.6325
Smart Scan Analysis for GE.K20
Based on our trend formula, GE.K20 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).