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Future Trend Analysis Report

Prepared for you on Friday, August 19, 2022.

EURO/CANADIAN $ Sep 2022 (CME:ECD.U22)

Long-Term Downtrend (-90) - ECD.U22 is in a strong downtrend that is likely to continue. While ECD.U22 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid ECD.U22?

MarketClub looks at technical strength and momentum to determine if the timing is right for ECD.U22.

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

CME_ECD.U22
Open High Low ECD.U22 Price Change
1.3091 1.3117 1.3063 1.3074 -0.0011
Entry Signal

MarketClub’s Trade Triangles for ECD.U22

long term down The long-term trend has been DOWN since Jul 4th, 2022 at 1.3498

intermediate term down The intermediate-term trend has been DOWN since Jul 4th, 2022 at 1.3503

short term down The short-term trend has been DOWN since Aug 12th, 2022 at 1.3189

Smart Scan Analysis for ECD.U22

Based on our trend formula, ECD.U22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for ECD.U22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.3091 1.3117 1.3063 1.3074 -0.0011
Prev. Close Volume Bid Ask Time
1.3085 36 2022-08-19 15:56:21
Expiration2022-09-19Open Time18:00
Close Time17:00
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