Future Trend Analysis Report
Prepared for you on Wednesday, November 25, 2020.
CANADIAN $ Jun 2021 (CME:6C.M21)
Long-Term Uptrend (+90) - 6C.M21 is in a strong uptrend that is likely to continue. While 6C.M21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid 6C.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6C.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6C.M21
The long-term trend has been UP since Jun 8th, 2020 at 0.7440
The intermediate-term trend has been UP since Nov 5th, 2020 at 0.7637
The short-term trend has been UP since Nov 18th, 2020 at 0.7658
Smart Scan Analysis for 6C.M21
Based on our trend formula, 6C.M21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).