Future Trend Analysis Report
Prepared for you on Monday, August 19, 2019.
EURODOLLAR Dec 2020 (CME:GE.Z20)
Smart Scan Chart Analysis indicates that the downward trend for this market is at a crossroads and has possibly ended. Look for choppy trading conditions in the near term Trading Range Mode.
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 UP since Dec 5th, 2018 at 97.070
The intermediate term trend has been DOWN since Aug 1st, 2019 at 98.255
The short term trend has been DOWN since Aug 19th, 2019 at 98.690
Smart Scan Analysis for GE.Z20
Based on a pre-defined weighted trend formula for chart analysis, GE.Z20 scored -50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).