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Future Trend Analysis Report

Prepared for you on Thursday, May 6, 2021.

EURO/CANADIAN $ Jun 2021 (CME:ECD.M21)

Strong Downtrend (-100) - ECD.M21 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid ECD.M21?

MarketClub looks at technical strength and momentum to determine if the timing is right for ECD.M21.

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

CME_ECD.M21
Open High Low ECD.M21 Price Change
1.4784 1.4785 1.4724 1.4747 -0.0076
Entry Signal

MarketClub’s Trade Triangles for ECD.M21

long term down The long-term trend has been DOWN since Feb 25th, 2021 at 1.5406

intermediate term down The intermediate-term trend has been DOWN since May 5th, 2021 at 1.4775

short term down The short-term trend has been DOWN since Apr 22nd, 2021 at 1.5059

Smart Scan Analysis for ECD.M21

Based on our trend formula, ECD.M21 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for ECD.M21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.4784 1.4785 1.4724 1.4747 -0.0076
Prev. Close Volume Bid Ask Time
1.4737 86 2021-05-05 17:28:37
Expiration2021-06-14Open Time18:00
Close Time17:00
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