Future Trend Analysis Report
Prepared for you on Sunday, August 25, 2019.
EURODOLLAR Aug 2019 (CME:GE.Q19)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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.Q19
The long term trend has been UP since Mar 22nd, 2019 at 97.4000
The intermediate term trend has been UP since Aug 5th, 2019 at 97.8750
The short term trend has been DOWN since Aug 19th, 2019 at 97.8675
Smart Scan Analysis for GE.Q19
Based on a pre-defined weighted trend formula for chart analysis, GE.Q19 scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).