Future Trend Analysis Report
Prepared for you on Tuesday, October 19, 2021.
E-MICRO CAD/USD Dec 2021 (CME:MCD.Z21)
Bull Market Weakness (+75) - MCD.Z21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MCD.Z21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid MCD.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for MCD.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MCD.Z21
The long-term trend has been DOWN since Jul 6th, 2021 at 0.8018
The intermediate-term trend has been UP since Oct 4th, 2021 at 0.7928
The short-term trend has been UP since Oct 1st, 2021 at 0.7893
Smart Scan Analysis for MCD.Z21
Based on our trend formula, MCD.Z21 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).