Future Trend Analysis Report
Prepared for you on Wednesday, October 20, 2021.
MINI MSCI CANADA INDEX DECEMBER 2021 (ICE:@MCL.Z21)
Bull Market Weakness (+75) - @MCL.Z21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on @MCL.Z21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid @MCL.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for @MCL.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @MCL.Z21
The long-term trend has been UP since Nov 9th, 2020 at 1713.0
The intermediate-term trend has been DOWN since Sep 23rd, 2021 at 2189.8
The short-term trend has been UP since Oct 4th, 2021 at 2156.4
Smart Scan Analysis for @MCL.Z21
Based on our trend formula, @MCL.Z21 is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).