Future Trend Analysis Report
Prepared for you on Friday, May 7, 2021.
CANADIAN $ Jun 2021 (CME:6C.M21)
Strong Uptrend (+100) - 6C.M21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, 6C.M21 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 0.74400
The intermediate-term trend has been UP since Feb 19th, 2021 at 0.78930
The short-term trend has been UP since Apr 21st, 2021 at 0.79975
Smart Scan Analysis for 6C.M21
Based on our trend formula, 6C.M21 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).