Future Trend Analysis Report
Prepared for you on Saturday, November 28, 2020.
CANADIAN $ Dec 2020 (CME:6C.Z20)
Long-Term Uptrend (+90) - 6C.Z20 is in a strong uptrend that is likely to continue. While 6C.Z20 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.Z20?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6C.Z20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6C.Z20
The long-term trend has been UP since Jun 10th, 2020 at 0.74875
The intermediate-term trend has been UP since Nov 5th, 2020 at 0.76345
The short-term trend has been UP since Nov 16th, 2020 at 0.76305
Smart Scan Analysis for 6C.Z20
Based on our trend formula, 6C.Z20 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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