Future Trend Analysis Report
Prepared for you on Monday, May 10, 2021.
ETHEREUM Jun 2021 (CME:ETH.M21)
Long-Term Uptrend (+90) - ETH.M21 is in a strong uptrend that is likely to continue. While ETH.M21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid ETH.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for ETH.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ETH.M21
The long-term trend has been UP since Mar 8th, 2021 at 1850.0
The intermediate-term trend has been UP since Mar 8th, 2021 at 1850.0
The short-term trend has been UP since Apr 26th, 2021 at 2477.5
Smart Scan Analysis for ETH.M21
Based on our trend formula, ETH.M21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).