Future Trend Analysis Report
Prepared for you on Thursday, August 13, 2020.
E-MICRO CAD/USD Sep 2020 (CME:MCD.U20)
Long-Term Uptrend (+90) - MCD.U20 is in a strong uptrend that is likely to continue. While MCD.U20 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid MCD.U20?
MarketClub looks at technical strength and momentum to determine if the timing is right for MCD.U20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MCD.U20
The long-term trend has been UP since Mar 26th, 2020 at 0.7039
The intermediate-term trend has been UP since Mar 26th, 2020 at 0.7039
The short-term trend has been UP since Aug 11th, 2020 at 0.7516
Smart Scan Analysis for MCD.U20
Based on our trend formula, MCD.U20 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).