Future Trend Analysis Report
Prepared for you on Wednesday, February 20, 2019.
EURODOLLAR Dec 2024 (CME:GE.Z24)
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.Z24
The long term trend has been UP since Dec 4th, 2018 at 96.930
The intermediate term trend has been UP since Nov 19th, 2018 at 96.705
The short term trend has been DOWN since Feb 13th, 2019 at 97.170
Smart Scan Analysis for GE.Z24
Based on a pre-defined weighted trend formula for chart analysis, GE.Z24 scored +85 on a scale from -100 (strong downtrend) to +100 (strong uptrend).