Future Trend Analysis Report
Prepared for you on Wednesday, November 25, 2020.
EURODOLLAR Nov 2020 (CME:GE.X20)
Countertrend Up (+85) - GE.X20 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.X20?
MarketClub looks at technical strength and momentum to determine if the timing is right for GE.X20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GE.X20
The long-term trend has been UP since Oct 1st, 2020 at 99.775
The intermediate-term trend has been UP since Sep 18th, 2020 at 99.755
The short-term trend has been DOWN since Nov 11th, 2020 at 99.775
Smart Scan Analysis for GE.X20
Based on our trend formula, GE.X20 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).