Future Trend Analysis Report
Prepared for you on Tuesday, October 17, 2017.
CANADIAN $ Dec 2017 (E) (CME:6C.Z17.E)
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 6C.Z17.E
The long term trend has been UP since Jun 13th, 2017 at 0.7586
The intermediate term trend has been DOWN since Sep 26th, 2017 at 0.8061
The short term trend has been DOWN since Oct 16th, 2017 at 0.7990
Smart Scan Analysis for 6C.Z17.E
Based on a pre-defined weighted trend formula for chart analysis, 6C.Z17.E scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||0.82925||Contract High Date||2017-09-08|
|Contract Low||0.725||Contract Low Date||2016-02-05|
|Estimated Volume||36008||First Delivery||2017-12-20|