Future Trend Analysis Report
Prepared for you on Tuesday, February 7, 2023.
ETHEREUM Jan 2023 (CME:ETH.F23)
Bull Market Weakness (+75) - ETH.F23 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on ETH.F23 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid ETH.F23?
MarketClub looks at technical strength and momentum to determine if the timing is right for ETH.F23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ETH.F23
The long-term trend has been UP since Jan 20th, 2023 at 1632.5
The intermediate-term trend has been UP since Dec 4th, 2022 at 1284.0
The short-term trend has been DOWN since Jan 24th, 2023 at 1543.5
Smart Scan Analysis for ETH.F23
Based on our trend formula, ETH.F23 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).