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.
MarketClub’s Trade Triangles for ECD.H22
The long-term trend has been DOWN since Jan 12th, 2022 at 1.4277
The intermediate-term trend has been DOWN since Jan 3rd, 2022 at 1.4391
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).