Future Trend Analysis Report
Prepared for you on Sunday, August 25, 2019.
EURODOLLAR Mar 2021 (CME:GE.H21)
Smart Scan Chart Analysis indicates that the downward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range 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 UP since Dec 4th, 2018 at 97.085
The intermediate term trend has been DOWN since Aug 1st, 2019 at 98.300
The short term trend has been DOWN since Aug 23rd, 2019 at 98.660
Smart Scan Analysis for GE.H21
Based on a pre-defined weighted trend formula for chart analysis, GE.H21 scored -50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).