Future Trend Analysis Report
Prepared for you on Friday, August 23, 2019.
EURODOLLAR Sep 2022 (CME:GE.U22)
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.U22
The long term trend has been UP since Dec 3rd, 2018 at 97.075
The intermediate term trend has been UP since Aug 1st, 2019 at 98.295
The short term trend has been DOWN since Aug 23rd, 2019 at 98.615
Smart Scan Analysis for GE.U22
Based on a pre-defined weighted trend formula for chart analysis, GE.U22 scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).