Future Trend Analysis Report
Prepared for you on Thursday, December 7, 2023.
EURO/CANADIAN $ Dec 2023 (CME:ECD.Z23)
Weak Downtrend (-65) - ECD.Z23 is showing signs of a strengthening downtrend. Monitor ECD.Z23 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid ECD.Z23?
MarketClub looks at technical strength and momentum to determine if the timing is right for ECD.Z23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ECD.Z23
The long-term trend has been UP since Nov 8th, 2023 at 1.4770
The intermediate-term trend has been DOWN since Dec 1st, 2023 at 1.4677
The short-term trend has been DOWN since Nov 23rd, 2023 at 1.4941
Smart Scan Analysis for ECD.Z23
Based on our trend formula, ECD.Z23 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).