Spread Trend Analysis Report
Prepared for you on Saturday, May 15, 2021.
CANADIAN $ Dec 2021/Jun 2021 Spread (CME:6C.Z21_M21)
Long-Term Downtrend (-90) - 6C.Z21_M21 is in a strong downtrend that is likely to continue. While 6C.Z21_M21 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 6C.Z21_M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6C.Z21_M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6C.Z21_M21
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for 6C.Z21_M21
Based on our trend formula, 6C.Z21_M21 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
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