Future Trend Analysis Report
Prepared for you on Monday, October 14, 2019.
EURODOLLAR Jun 2022 (CME:GE.M22)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-trend could be changing and moving into a trading range Sidelines 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.M22
The long term trend has been UP since Dec 3rd, 2018 at 97.085
The intermediate term trend has been UP since Oct 3rd, 2019 at 98.775
The short term trend has been DOWN since Oct 7th, 2019 at 98.750
Smart Scan Analysis for GE.M22
Based on a pre-defined weighted trend formula for chart analysis, GE.M22 scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).