Future Trend Analysis Report
Prepared for you on Thursday, August 6, 2020.
EURO/CANADIAN $ Sep 2020 (CME:ECD.U20)
Countertrend Up (+85) - ECD.U20 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid ECD.U20?
MarketClub looks at technical strength and momentum to determine if the timing is right for ECD.U20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ECD.U20
The long-term trend has been UP since Jun 11th, 2020 at 1.5403
The intermediate-term trend has been UP since Jun 11th, 2020 at 1.5403
The short-term trend has been DOWN since Aug 3rd, 2020 at 1.5777
Smart Scan Analysis for ECD.U20
Based on our trend formula, ECD.U20 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).