Future Trend Analysis Report
Prepared for you on Sunday, September 15, 2019.
EURODOLLAR Dec 2023 (CME:GE.Z23)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight 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.Z23
The long term trend has been UP since Dec 4th, 2018 at 97.005
The intermediate term trend has been DOWN since Sep 10th, 2019 at 98.515
The short term trend has been DOWN since Sep 5th, 2019 at 98.695
Smart Scan Analysis for GE.Z23
Based on a pre-defined weighted trend formula for chart analysis, GE.Z23 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).