Future Trend Analysis Report
Prepared for you on Friday, February 15, 2019.
EURODOLLAR Jun 2019 (CME:GE.M19)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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.M19
The long term trend has been UP since Dec 7th, 2018 at 97.145
The intermediate term trend has been UP since Nov 16th, 2018 at 97.035
The short term trend has been DOWN since Feb 12th, 2019 at 97.360
Smart Scan Analysis for GE.M19
Based on a pre-defined weighted trend formula for chart analysis, GE.M19 scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).