Future Trend Analysis Report
Prepared for you on Monday, June 5, 2023.
E-MICRO USD/CAD Jun 2023 (CME:M6C.M23)
Sidelines Mode (+50) - M6C.M23 is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until M6C.M23 can gain momentum.
Is it time to buy, sell, or avoid M6C.M23?
MarketClub looks at technical strength and momentum to determine if the timing is right for M6C.M23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for M6C.M23
The long-term trend has been DOWN since Mar 29th, 2023 at 1.3535
The intermediate-term trend has been UP since May 26th, 2023 at 1.3600
The short-term trend has been UP since May 22nd, 2023 at 1.3500
Smart Scan Analysis for M6C.M23
Based on our trend formula, M6C.M23 is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).