Future Trend Analysis Report
Prepared for you on Thursday, July 7, 2022.
STERLING/CANADIAN $ SEPTEMBER 2022 (ICE:@PC.U22)
Strong Downtrend (-100) - @PC.U22 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, @PC.U22 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid @PC.U22?
MarketClub looks at technical strength and momentum to determine if the timing is right for @PC.U22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @PC.U22
The long-term trend has been DOWN since Mar 7th, 2022 at 1.6771
The intermediate-term trend has been DOWN since Jun 1st, 2022 at 1.5838
The short-term trend has been DOWN since Jun 30th, 2022 at 1.5888
Smart Scan Analysis for @PC.U22
Based on our trend formula, @PC.U22 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||1.59185||52wk High Date||2022-06-23|
|52wk Low||1.563||52wk Low Date||2022-07-04|