Future Trend Analysis Report
Prepared for you on Wednesday, January 23, 2019.
EURO FX Jan 2019 (CME:6E.F19)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines 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 6E.F19
The long term trend has been DOWN since Oct 24th, 2018 at 1.14780
The intermediate term trend has been UP since Dec 21st, 2018 at 1.14835
The short term trend has been DOWN since Jan 14th, 2019 at 1.14650
Smart Scan Analysis for 6E.F19
Based on a pre-defined weighted trend formula for chart analysis, 6E.F19 scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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