Future Trend Analysis Report
Prepared for you on Monday, October 18, 2021.
EURO/CANADIAN $ Dec 2021 (CME:ECD.Z21)
Strong Downtrend (-100) - ECD.Z21 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid ECD.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for ECD.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ECD.Z21
The long-term trend has been DOWN since Sep 23rd, 2021 at 1.4869
The intermediate-term trend has been DOWN since Sep 23rd, 2021 at 1.4869
The short-term trend has been DOWN since Sep 22nd, 2021 at 1.4993
Smart Scan Analysis for ECD.Z21
Based on our trend formula, ECD.Z21 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).