Future Trend Analysis Report
Prepared for you on Saturday, May 25, 2019.
CANADIAN $ Sep 2019 (CME:6C.U19)
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.U19
The long term trend has been DOWN since May 17th, 2019 at 0.74250
The intermediate term trend has been DOWN since Mar 5th, 2019 at 0.75375
The short term trend has been DOWN since May 23rd, 2019 at 0.74600
Smart Scan Analysis for 6C.U19
Based on a pre-defined weighted trend formula for chart analysis, 6C.U19 scored -70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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