Future Trend Analysis Report
Prepared for you on Thursday, October 28, 2021.
EURODOLLAR Jun 2023 (CME:GE.M23)
Long-Term Downtrend (-90) - GE.M23 is in a strong downtrend that is likely to continue. While GE.M23 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.M23?
MarketClub looks at technical strength and momentum to determine if the timing is right for GE.M23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GE.M23
The long-term trend has been DOWN since Oct 8th, 2021 at 99.160
The intermediate-term trend has been DOWN since Sep 22nd, 2021 at 99.275
The short-term trend has been DOWN since Oct 27th, 2021 at 98.805
Smart Scan Analysis for GE.M23
Based on our trend formula, GE.M23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).