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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.

CME_MCD.U20
Open High Low MCD.U20 Price Change
0.7562 0.7568 0.7561 0.7562 -0.0001
Entry Signal

MarketClub’s Trade Triangles for MCD.U20

long term up The long-term trend has been UP since Mar 26th, 2020 at 0.7039

intermediate term up The intermediate-term trend has been UP since Mar 26th, 2020 at 0.7039

short term up 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).

+90
Smart Scan Analysis for MCD.U20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.7562 0.7568 0.7561 0.7562 -0.0001
Prev. Close Volume Bid Ask Time
0.7358 184 2020-08-13 20:04:04
Expiration2020-09-15Open Time18:00
Close Time17:00
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