Future Trend Analysis Report
Prepared for you on Thursday, December 7, 2023.
E-MICRO EUR/USD Dec 2023 (CME:M6E.Z23)
Weak Downtrend (-65) - M6E.Z23 is showing signs of a strengthening downtrend. Monitor M6E.Z23 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid M6E.Z23?
MarketClub looks at technical strength and momentum to determine if the timing is right for M6E.Z23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for M6E.Z23
The long-term trend has been DOWN since Aug 16th, 2023 at 1.0927
The intermediate-term trend has been UP since Oct 23rd, 2023 at 1.0657
The short-term trend has been DOWN since Nov 30th, 2023 at 1.0962
Smart Scan Analysis for M6E.Z23
Based on our trend formula, M6E.Z23 is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).