Future Trend Analysis Report
Prepared for you on Wednesday, June 16, 2021.
CANADIAN $ Sep 2021 (CME:6C.U21)
Sidelines Mode (-55) - 6C.U21 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid 6C.U21?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6C.U21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6C.U21
The long-term trend has been UP since Jul 28th, 2020 at 0.73800
The intermediate-term trend has been DOWN since Jun 11th, 2021 at 0.82355
The short-term trend has been UP since Jun 11th, 2021 at 0.82735
Smart Scan Analysis for 6C.U21
Based on our trend formula, 6C.U21 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).