Future Trend Analysis Report
Prepared for you on Friday, June 5, 2020.
E-MICRO CAD/USD Jun 2020 (CME:MCD.M20)
Bull Market Weakness (+75) - MCD.M20 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MCD.M20 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid MCD.M20?
MarketClub looks at technical strength and momentum to determine if the timing is right for MCD.M20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MCD.M20
The long-term trend has been DOWN since Jan 22nd, 2020 at 0.7601
The intermediate-term trend has been UP since Apr 13th, 2020 at 0.7189
The short-term trend has been UP since May 31st, 2020 at 0.7292
Smart Scan Analysis for MCD.M20
Based on our trend formula, MCD.M20 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).