Future Trend Analysis Report
Prepared for you on Thursday, February 21, 2019.
EURO FX Mar 2020 (CME:6E.H20)
Smart Scan Chart Analysis is showing some near term rallying power. However, this market remains in the confines of a longer-term Downtrend with 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 6E.H20
The long term trend has been DOWN since May 1st, 2018 at 1.28235
The intermediate term trend has been DOWN since Jan 18th, 2019 at 1.18060
The short term trend has been UP since Feb 20th, 2019 at 1.17120
Smart Scan Analysis for 6E.H20
Based on a pre-defined weighted trend formula for chart analysis, 6E.H20 scored -75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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