Future Trend Analysis Report
Prepared for you on Sunday, October 24, 2021.
EURO/CANADIAN DOLLAR (NEW) DECEMBER 2021 (ICE:@KEP.Z21)
Long-Term Downtrend (-90) - @KEP.Z21 is in a strong downtrend that is likely to continue. While @KEP.Z21 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 @KEP.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for @KEP.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @KEP.Z21
The long-term trend has been DOWN since Jan 13th, 2021 at 1.5559
The intermediate-term trend has been DOWN since Sep 23rd, 2021 at 1.4911
The short-term trend has been DOWN since Sep 23rd, 2021 at 1.4967
Smart Scan Analysis for @KEP.Z21
Based on our trend formula, @KEP.Z21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).