Future Trend Analysis Report
Prepared for you on Sunday, August 1, 2021.
CANADIAN $ Jul 2021 (CME:6C.N21)
Strong Downtrend (-100) - 6C.N21 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid 6C.N21?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6C.N21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6C.N21
The long-term trend has been DOWN since Jul 16th, 2021 at 0.79350
The intermediate-term trend has been DOWN since Jun 11th, 2021 at 0.82355
The short-term trend has been DOWN since Jul 14th, 2021 at 0.79875
Smart Scan Analysis for 6C.N21
Based on our trend formula, 6C.N21 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).