Future Trend Analysis Report
Prepared for you on Friday, October 23, 2020.
EURODOLLAR Oct 2020 (CME:GE.V20)
Countertrend Up (+85) - GE.V20 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid GE.V20?
MarketClub looks at technical strength and momentum to determine if the timing is right for GE.V20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GE.V20
The long-term trend has been UP since Apr 29th, 2020 at 99.6650
The intermediate-term trend has been UP since Sep 18th, 2020 at 99.7750
The short-term trend has been UP since Oct 16th, 2020 at 99.7775
Smart Scan Analysis for GE.V20
Based on our trend formula, GE.V20 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).