Future Trend Analysis Report
Prepared for you on Friday, November 17, 2017.
E-MICRO CAD/USD Dec 2017 (E) (CME:MCD.Z17.E)
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 MCD.Z17.E
The long term trend has been UP since Jun 22nd, 2017 at 0.7536
The intermediate term trend has been DOWN since Sep 26th, 2017 at 0.8065
The short term trend has been DOWN since Nov 14th, 2017 at 0.7851
Smart Scan Analysis for MCD.Z17.E
Based on a pre-defined weighted trend formula for chart analysis, MCD.Z17.E scored -50 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||0.8295||Contract High Date||2017-09-08|
|Contract Low||0.7689||Contract Low Date||2017-06-28|
|Estimated Volume||860||First Delivery||2017-12-20|