Future Trend Analysis Report
Prepared for you on Wednesday, May 12, 2021.
CANADIAN $ Sep 2021 (CME:6C.U21)
Long-Term Uptrend (+90) - 6C.U21 is in a strong uptrend that is likely to continue. While 6C.U21 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.U21?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6C.U21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6C.U21
The long-term trend has been UP since Jul 28th, 2020 at 0.73800
The intermediate-term trend has been UP since Apr 14th, 2021 at 0.79890
The short-term trend has been UP since Apr 21st, 2021 at 0.79965
Smart Scan Analysis for 6C.U21
Based on our trend formula, 6C.U21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).