Future Trend Analysis Report
Prepared for you on Sunday, May 26, 2019.
EURO FX Jun 2019 (CME:6E.M19)
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.M19
The long term trend has been DOWN since May 1st, 2018 at 1.2495
The intermediate term trend has been DOWN since Apr 1st, 2019 at 1.1283
The short term trend has been DOWN since May 23rd, 2019 at 1.1168
Smart Scan Analysis for 6E.M19
Based on a pre-defined weighted trend formula for chart analysis, 6E.M19 scored -80 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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