Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Thursday, November 26, 2020.

EURO/CANADIAN $ Dec 2020 (CME:ECD.Z20)

Bear Market Rally (-75) - ECD.Z20 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ECD.Z20 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid ECD.Z20?

MarketClub looks at technical strength and momentum to determine if the timing is right for ECD.Z20.

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

CME_ECD.Z20
Open High Low ECD.Z20 Price Change
1.5509 1.5509 1.5479 1.5479 -0.0012
Entry Signal

MarketClub’s Trade Triangles for ECD.Z20

long term down The long-term trend has been DOWN since Oct 13th, 2020 at 1.5491

intermediate term down The intermediate-term trend has been DOWN since Oct 8th, 2020 at 1.5580

short term down The short-term trend has been DOWN since Nov 20th, 2020 at 1.5503

Smart Scan Analysis for ECD.Z20

Based on our trend formula, ECD.Z20 is rated as a -80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-80
Smart Scan Analysis for ECD.Z20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.5509 1.5509 1.5479 1.5479 -0.0012
Prev. Close Volume Bid Ask Time
1.5398 3 2020-11-26 08:43:06
Expiration2020-12-14Open Time18:00
Close Time17:00
Get a free daily analysis and signals for EURO/CANADIAN $ Dec 2020 (ECD.Z20) - Request Your Free Report.