Future Trend Analysis Report
Prepared for you on Sunday, February 17, 2019.
EURODOLLAR May 2019 (CME:GE.K19)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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.K19
The long term trend has been UP since Nov 19th, 2018 at 97.085
The intermediate term trend has been UP since Nov 19th, 2018 at 97.085
The short term trend has been DOWN since Feb 13th, 2019 at 97.365
Smart Scan Analysis for GE.K19
Based on a pre-defined weighted trend formula for chart analysis, GE.K19 scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).