Future Trend Analysis Report
Prepared for you on Thursday, June 30, 2022.
E-MICRO CAD/USD Sep 2022 (CME:MCD.U22)
Long-Term Downtrend (-90) - MCD.U22 is in a strong downtrend that is likely to continue. While MCD.U22 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
Is it time to buy, sell, or avoid MCD.U22?
MarketClub looks at technical strength and momentum to determine if the timing is right for MCD.U22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MCD.U22
The long-term trend has been DOWN since Apr 22nd, 2022 at 0.7877
The intermediate-term trend has been DOWN since Jun 13th, 2022 at 0.7789
The short-term trend has been DOWN since Jun 30th, 2022 at 0.7747
Smart Scan Analysis for MCD.U22
Based on our trend formula, MCD.U22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).