Future Trend Analysis Report
Prepared for you on Sunday, August 25, 2019.
CANADIAN $ Aug 2019 (CME:6C.Q19)
Smart Scan Chart Analysis shows that negative longer term is strengthening. The market action could signal the start of a major trend change Weak Downtrend Very tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for 6C.Q19
The long term trend has been UP since Jun 3rd, 2019 at 0.74095
The intermediate term trend has been DOWN since Jul 23rd, 2019 at 0.76195
The short term trend has been DOWN since Aug 20th, 2019 at 0.75065
Smart Scan Analysis for 6C.Q19
Based on a pre-defined weighted trend formula for chart analysis, 6C.Q19 scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).