Future Trend Analysis Report
Prepared for you on Thursday, October 17, 2019.
30 DAY FED FUND Jul 2020 (CBOT:ZQ.N20)
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 ZQ.N20
The long term trend has been UP since Dec 6th, 2018 at 97.35
The intermediate term trend has been UP since Oct 3rd, 2019 at 98.83
The short term trend has been DOWN since Oct 8th, 2019 at 98.79
Smart Scan Analysis for ZQ.N20
Based on a pre-defined weighted trend formula for chart analysis, ZQ.N20 scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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