Future Trend Analysis Report
Prepared for you on Thursday, August 18, 2022.
EURODOLLAR Sep 2023 (CME:GE.U23)
Weak Downtrend (-65) - GE.U23 is showing signs of a strengthening downtrend. Monitor GE.U23 as it may be building momentum to the downside.
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 UP since Jul 1st, 2022 at 96.975
The intermediate-term trend has been DOWN since Aug 5th, 2022 at 96.515
The short-term trend has been DOWN since Aug 17th, 2022 at 96.380
Smart Scan Analysis for GE.U23
Based on our trend formula, GE.U23 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).