Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Thursday, January 27, 2022.

EURO/CANADIAN $ Mar 2022 (CME:ECD.H22)

Long-Term Downtrend (-90) - ECD.H22 is in a strong downtrend that is likely to continue. While ECD.H22 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.H22?

MarketClub looks at technical strength and momentum to determine if the timing is right for ECD.H22.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_ECD.H22
Open High Low ECD.H22 Price Change
1.4250 1.4261 1.4145 1.4220 -0.0005
Entry Signal

MarketClub’s Trade Triangles for ECD.H22

long term down The long-term trend has been DOWN since Jan 12th, 2022 at 1.4277

intermediate term down The intermediate-term trend has been DOWN since Jan 3rd, 2022 at 1.4391

short term down The short-term trend has been DOWN since Jan 26th, 2022 at 1.4258

Smart Scan Analysis for ECD.H22

Based on our trend formula, ECD.H22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for ECD.H22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.4250 1.4261 1.4145 1.4220 -0.0005
Prev. Close Volume Bid Ask Time
1.4220 558 2022-01-27 17:28:39
Expiration2022-03-14Open Time18:00
Close Time17:00
Get a free daily analysis and signals for EURO/CANADIAN $ Mar 2022 (ECD.H22) - Request Your Free Report.