Future Trend Analysis Report
Prepared for you on Friday, July 19, 2019.
EURODOLLAR Dec 2020 (CME:GE.Z20)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend 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.Z20
The long term trend has been UP since Dec 5th, 2018 at 97.070
The intermediate term trend has been DOWN since Jul 9th, 2019 at 98.295
The short term trend has been UP since Jul 10th, 2019 at 98.345
Smart Scan Analysis for GE.Z20
Based on a pre-defined weighted trend formula for chart analysis, GE.Z20 scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).