Future Trend Analysis Report
Prepared for you on Friday, April 19, 2019.
EURODOLLAR Jul 2019 (CME:GE.N19)
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.N19
The long term trend has been UP since Feb 1st, 2019 at 97.320
The intermediate term trend has been DOWN since Apr 16th, 2019 at 97.435
The short term trend has been DOWN since Apr 11th, 2019 at 97.455
Smart Scan Analysis for GE.N19
Based on a pre-defined weighted trend formula for chart analysis, GE.N19 scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).