Future Trend Analysis Report
Prepared for you on Saturday, January 18, 2020.
CANADIAN $ Dec 2020 (CME:6C.Z20)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for 6C.Z20
The long term trend has been UP since Oct 22nd, 2019 at 0.76375
The intermediate term trend has been UP since Dec 13th, 2019 at 0.75670
The short term trend has been DOWN since Jan 8th, 2020 at 0.76900
Smart Scan Analysis for 6C.Z20
Based on a pre-defined weighted trend formula for chart analysis, 6C.Z20 scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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