Future Trend Analysis Report
Prepared for you on Saturday, November 16, 2019.
EURODOLLAR Sep 2023 (CME:GE.U23)
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.U23
The long term trend has been DOWN since Nov 7th, 2019 at 98.315
The intermediate term trend has been DOWN since Oct 15th, 2019 at 98.420
The short term trend has been UP since Nov 13th, 2019 at 98.255
Smart Scan Analysis for GE.U23
Based on a pre-defined weighted trend formula for chart analysis, GE.U23 scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).