Future Trend Analysis Report
Prepared for you on Monday, March 8, 2021.
E-MICRO CAD/USD Jun 2021 (CME:MCD.M21)
Bull Market Weakness (+75) - MCD.M21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MCD.M21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid MCD.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for MCD.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MCD.M21
The long-term trend has been UP since Dec 31st, 2020 at 0.7861
The intermediate-term trend has been UP since Feb 19th, 2021 at 0.7892
The short-term trend has been UP since Mar 7th, 2021 at 0.7906
Smart Scan Analysis for MCD.M21
Based on our trend formula, MCD.M21 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).