Future Trend Analysis Report
Prepared for you on Thursday, August 13, 2020.
EURODOLLAR Aug 2020 (CME:GE.Q20)
Sidelines Mode (+55) - GE.Q20 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.Q20?
MarketClub looks at technical strength and momentum to determine if the timing is right for GE.Q20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GE.Q20
The long-term trend has been UP since Mar 3rd, 2020 at 99.1950
The intermediate-term trend has been UP since Jun 29th, 2020 at 99.7150
The short-term trend has been DOWN since Aug 7th, 2020 at 99.7725
Smart Scan Analysis for GE.Q20
Based on our trend formula, GE.Q20 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).