Future Trend Analysis Report
Prepared for you on Wednesday, February 24, 2021.
EURODOLLAR Jun 2021 (CME:GE.M21)
Bull Market Weakness (+75) - GE.M21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on GE.M21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid GE.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for GE.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GE.M21
The long-term trend has been UP since Feb 2nd, 2020 at 98.825
The intermediate-term trend has been UP since Jan 29th, 2021 at 99.845
The short-term trend has been DOWN since Feb 22nd, 2021 at 99.850
Smart Scan Analysis for GE.M21
Based on our trend formula, GE.M21 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).