Future Trend Analysis Report
Prepared for you on Wednesday, April 8, 2020.
EURODOLLAR Jun 2020 (CME:GE.M20)
Sidelines Mode (+55) - GE.M20 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid GE.M20?
MarketClub looks at technical strength and momentum to determine if the timing is right for GE.M20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GE.M20
The long-term trend has been UP since Feb 2nd, 2020 at 98.515
The intermediate-term trend has been UP since Jan 5th, 2020 at 98.370
The short-term trend has been DOWN since Apr 6th, 2020 at 99.465
Smart Scan Analysis for GE.M20
Based on our trend formula, GE.M20 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).