Future Trend Analysis Report
Prepared for you on Saturday, November 16, 2019.
EURODOLLAR Dec 2020 (CME:GE.Z20)
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.Z20
The long term trend has been DOWN since Nov 8th, 2019 at 98.34
The intermediate term trend has been DOWN since Oct 28th, 2019 at 98.42
The short term trend has been UP since Nov 13th, 2019 at 98.38
Smart Scan Analysis for GE.Z20
Based on a pre-defined weighted trend formula for chart analysis, GE.Z20 scored -65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).