Future Trend Analysis Report
Prepared for you on Sunday, October 17, 2021.
EURODOLLAR Jun 2022 (CME:GE.M22)
Long-Term Downtrend (-90) - GE.M22 is in a strong downtrend that is likely to continue. While GE.M22 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid GE.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for GE.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GE.M22
The long-term trend has been DOWN since Oct 15th, 2021 at 99.715
The intermediate-term trend has been DOWN since Sep 23rd, 2021 at 99.805
The short-term trend has been DOWN since Oct 6th, 2021 at 99.795
Smart Scan Analysis for GE.M22
Based on our trend formula, GE.M22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).