Future Trend Analysis Report
Prepared for you on Wednesday, March 3, 2021.
EURO/CANADIAN $ Mar 2021 (CME:ECD.H21)
Long-Term Downtrend (-90) - ECD.H21 is in a strong downtrend that is likely to continue. While ECD.H21 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 ECD.H21?
MarketClub looks at technical strength and momentum to determine if the timing is right for ECD.H21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ECD.H21
The long-term trend has been DOWN since Jan 13th, 2021 at 1.5455
The intermediate-term trend has been DOWN since Jan 12th, 2021 at 1.5539
The short-term trend has been DOWN since Mar 1st, 2021 at 1.5304
Smart Scan Analysis for ECD.H21
Based on our trend formula, ECD.H21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).