Future Trend Analysis Report
Prepared for you on Thursday, August 13, 2020.
EURO/CANADIAN $ Sep 2020 (CME:ECD.U20)
Sidelines Mode (+55) - ECD.U20 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid ECD.U20?
MarketClub looks at technical strength and momentum to determine if the timing is right for ECD.U20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ECD.U20
The long-term trend has been UP since Jun 11th, 2020 at 1.5403
The intermediate-term trend has been UP since Jun 11th, 2020 at 1.5403
The short-term trend has been DOWN since Aug 10th, 2020 at 1.5706
Smart Scan Analysis for ECD.U20
Based on our trend formula, ECD.U20 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).