Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Sunday, May 16, 2021.

CANADIAN $ May 2021 (CME:6C.K21)

Countertrend Up (+85) - 6C.K21 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid 6C.K21?

MarketClub looks at technical strength and momentum to determine if the timing is right for 6C.K21.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_6C.K21
Open High Low 6C.K21 Price Change
0.82145 0.82715 0.82145 0.82555 +0.00445
Entry Signal

MarketClub’s Trade Triangles for 6C.K21

long term up The long-term trend has been UP since Feb 19th, 2021 at 0.78075

intermediate term up The intermediate-term trend has been UP since Apr 23rd, 2021 at 0.80165

short term down The short-term trend has been DOWN since May 13th, 2021 at 0.82570

Smart Scan Analysis for 6C.K21

Based on our trend formula, 6C.K21 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for 6C.K21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.82145 0.82715 0.82145 0.82555 +0.00445
Prev. Close Volume Bid Ask Time
0.82675 19 2021-05-14 10:54:11
Expiration2021-05-18Open Time18:00
Close Time17:00
Get a free daily analysis and signals for CANADIAN $ May 2021 (6C.K21) - Request Your Free Report.