Future Trend Analysis Report
Prepared for you on Tuesday, October 26, 2021.
EURO/CANADIAN $ Dec 2021 (CME:ECD.Z21)
Bear Market Rally (-75) - ECD.Z21 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on ECD.Z21 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid ECD.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for ECD.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for ECD.Z21
The long-term trend has been DOWN since Sep 23rd, 2021 at 1.4869
The intermediate-term trend has been DOWN since Sep 23rd, 2021 at 1.4869
The short-term trend has been UP since Oct 25th, 2021 at 1.4419
Smart Scan Analysis for ECD.Z21
Based on our trend formula, ECD.Z21 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).