Future Trend Analysis Report
Prepared for you on Friday, November 27, 2020.
EURODOLLAR Sep 2021 (CME:GE.U21)
Sidelines Mode (-55) - GE.U21 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid GE.U21?
MarketClub looks at technical strength and momentum to determine if the timing is right for GE.U21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GE.U21
The long-term trend has been UP since Feb 2nd, 2020 at 98.845
The intermediate-term trend has been DOWN since Oct 9th, 2020 at 99.790
The short-term trend has been UP since Nov 26th, 2020 at 99.785
Smart Scan Analysis for GE.U21
Based on our trend formula, GE.U21 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).