Future Trend Analysis Report
Prepared for you on Thursday, August 22, 2019.
EURODOLLAR Dec 2021 (CME:GE.Z21)
Smart Scan Chart Analysis confirms that a short term counter trend move is underway. When this action is over look for the longer term positive trend to resume. Uptrend with 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.Z21
The long term trend has been UP since Dec 4th, 2018 at 97.085
The intermediate term trend has been UP since Aug 1st, 2019 at 98.385
The short term trend has been DOWN since Aug 19th, 2019 at 98.710
Smart Scan Analysis for GE.Z21
Based on a pre-defined weighted trend formula for chart analysis, GE.Z21 scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).