Future Trend Analysis Report
Prepared for you on Tuesday, July 23, 2019.
EURODOLLAR Mar 2023 (CME:GE.H23)
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 GE.H23
The long term trend has been UP since Dec 3rd, 2018 at 97.050
The intermediate term trend has been DOWN since Jul 11th, 2019 at 98.125
The short term trend has been UP since Jul 15th, 2019 at 98.125
Smart Scan Analysis for GE.H23
Based on a pre-defined weighted trend formula for chart analysis, GE.H23 scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).