Future Trend Analysis Report
Prepared for you on Monday, August 19, 2019.
EURODOLLAR Jun 2024 (CME:GE.M24)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with money management stops.
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.M24
The long term trend has been UP since Dec 4th, 2018 at 96.980
The intermediate term trend has been UP since Jul 31st, 2019 at 98.045
The short term trend has been DOWN since Aug 19th, 2019 at 98.530
Smart Scan Analysis for GE.M24
Based on a pre-defined weighted trend formula for chart analysis, GE.M24 scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).