Future Trend Analysis Report
Prepared for you on Tuesday, September 17, 2019.
EURODOLLAR Sep 2020 (CME:GE.U20)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight 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.U20
The long term trend has been UP since Dec 5th, 2018 at 97.070
The intermediate term trend has been DOWN since Sep 10th, 2019 at 98.555
The short term trend has been DOWN since Sep 5th, 2019 at 98.700
Smart Scan Analysis for GE.U20
Based on a pre-defined weighted trend formula for chart analysis, GE.U20 scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).