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.
MarketClub’s Trade Triangles for ECD.Z20
The long-term trend has been DOWN since Oct 13th, 2020 at 1.5491
The intermediate-term trend has been DOWN since Oct 8th, 2020 at 1.5580
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).