Future Trend Analysis Report
Prepared for you on Sunday, August 25, 2019.
EURODOLLAR Nov 2019 (CME:GE.X19)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with 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.X19
The long term trend has been UP since Aug 5th, 2019 at 98.070
The intermediate term trend has been UP since Aug 5th, 2019 at 98.055
The short term trend has been DOWN since Aug 21st, 2019 at 98.165
Smart Scan Analysis for GE.X19
Based on a pre-defined weighted trend formula for chart analysis, GE.X19 scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).