Future Trend Analysis Report
Prepared for you on Monday, November 18, 2019.
EURODOLLAR Mar 2021 (CME:GE.H21)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
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 GE.H21
The long term trend has been DOWN since Nov 7th, 2019 at 98.420
The intermediate term trend has been DOWN since Oct 21st, 2019 at 98.500
The short term trend has been UP since Nov 13th, 2019 at 98.425
Smart Scan Analysis for GE.H21
Based on a pre-defined weighted trend formula for chart analysis, GE.H21 scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).