Future Trend Analysis Report
Prepared for you on Friday, July 19, 2019.
30 DAY FED FUND May 2020 (CBOT:ZQ.K20)
Smart Scan Chart Analysis indicates that the downward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.
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 ZQ.K20
The long term trend has been UP since Dec 6th, 2018 at 97.345
The intermediate term trend has been DOWN since Jul 9th, 2019 at 98.360
The short term trend has been DOWN since Jul 10th, 2019 at 98.350
Smart Scan Analysis for ZQ.K20
Based on a pre-defined weighted trend formula for chart analysis, ZQ.K20 scored -50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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