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Future Trend Analysis Report

Prepared for you on Thursday, August 6, 2020.

CANADIAN $ Aug 2020 (CME:6C.Q20)

Long-Term Uptrend (+90) - 6C.Q20 is in a strong uptrend that is likely to continue. While 6C.Q20 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

Is it time to buy, sell, or avoid 6C.Q20?

MarketClub looks at technical strength and momentum to determine if the timing is right for 6C.Q20.

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

CME_6C.Q20
Open High Low 6C.Q20 Price Change
0.75435 0.75435 0.75115 0.75195 -0.00055
Entry Signal

MarketClub’s Trade Triangles for 6C.Q20

long term up The long-term trend has been UP since May 19th, 2020 at 0.71365

intermediate term up The intermediate-term trend has been UP since May 19th, 2020 at 0.71365

short term up The short-term trend has been UP since Aug 4th, 2020 at 0.74745

Smart Scan Analysis for 6C.Q20

Based on our trend formula, 6C.Q20 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for 6C.Q20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.75435 0.75435 0.75115 0.75195 -0.00055
Prev. Close Volume Bid Ask Time
0.73565 14 2020-08-06 11:47:43
Expiration2020-08-18Open Time18:00
Close Time17:00
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