Future Trend Analysis Report
Prepared for you on Thursday, July 7, 2022.
CANADIAN $ Sep 2022 (CME:6C.U22)
Long-Term Downtrend (-90) - 6C.U22 is in a strong downtrend that is likely to continue. While 6C.U22 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid 6C.U22?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6C.U22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6C.U22
The long-term trend has been DOWN since May 6th, 2022 at 0.77545
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 0.77890
The short-term trend has been DOWN since Jul 5th, 2022 at 0.77120
Smart Scan Analysis for 6C.U22
Based on our trend formula, 6C.U22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).