Future Trend Analysis Report
Prepared for you on Sunday, June 16, 2019.
EURO FX Aug 2019 (CME:6E.Q19)
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 6E.Q19
The long term trend has been UP since Jun 3rd, 2019 at 1.12775
The intermediate term trend has been UP since Jun 3rd, 2019 at 1.12775
The short term trend has been DOWN since Jun 12th, 2019 at 1.13550
Smart Scan Analysis for 6E.Q19
Based on a pre-defined weighted trend formula for chart analysis, 6E.Q19 scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).