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Future Trend Analysis Report

Prepared for you on Thursday, September 24, 2020.

STERLING/CANADIAN $ DECEMBER 2020 (ICE:@PC.Z20)

Long-Term Downtrend (-90) - @PC.Z20 is in a strong downtrend that is likely to continue. While @PC.Z20 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 @PC.Z20?

MarketClub looks at technical strength and momentum to determine if the timing is right for @PC.Z20.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

ICE_@PC.Z20
Open High Low @PC.Z20 Price Change
1.69505 1.69505 1.69505 1.71425 +0.01920
Entry Signal

MarketClub’s Trade Triangles for @PC.Z20

long term down The long-term trend has been DOWN since Mar 16th, 2020 at 1.71330

intermediate term down The intermediate-term trend has been DOWN since Sep 8th, 2020 at 1.72755

short term down The short-term trend has been DOWN since Sep 2nd, 2020 at 1.74320

Smart Scan Analysis for @PC.Z20

Based on our trend formula, @PC.Z20 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for @PC.Z20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.69505 1.69505 1.69505 1.71425 +0.01920
Prev. Close Volume Bid Ask Time
1.70145 0 2020-09-17 10:30:27
52wk High1.714352wk High Date2020-09-17
52wk Low1.709352wk Low Date2020-09-09
Volatility7.2Expiration2020-12-14
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