Future Trend Analysis Report
Prepared for you on Friday, September 20, 2019.
EURODOLLAR Jun 2023 (CME:GE.M23)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down 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.M23
The long term trend has been UP since Dec 3rd, 2018 at 97.040
The intermediate term trend has been DOWN since Sep 10th, 2019 at 98.555
The short term trend has been UP since Sep 18th, 2019 at 98.440
Smart Scan Analysis for GE.M23
Based on a pre-defined weighted trend formula for chart analysis, GE.M23 scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).