Future Trend Analysis Report
Prepared for you on Sunday, February 28, 2021.
EURODOLLAR Sep 2023 (CME:GE.U23)
Long-Term Downtrend (-90) - GE.U23 is in a strong downtrend that is likely to continue. While GE.U23 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.U23?
MarketClub looks at technical strength and momentum to determine if the timing is right for GE.U23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for GE.U23
The long-term trend has been DOWN since Oct 5th, 2020 at 99.595
The intermediate-term trend has been DOWN since Jan 6th, 2021 at 99.525
The short-term trend has been DOWN since Feb 10th, 2021 at 99.415
Smart Scan Analysis for GE.U23
Based on our trend formula, GE.U23 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).