Future Trend Analysis Report
Prepared for you on Friday, August 12, 2022.
E-MICRO USD/CAD Sep 2022 (CME:M6C.U22)
Weak Downtrend (-65) - M6C.U22 is showing signs of a strengthening downtrend. Monitor M6C.U22 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid M6C.U22?
MarketClub looks at technical strength and momentum to determine if the timing is right for M6C.U22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for M6C.U22
The long-term trend has been UP since Jun 15th, 2022 at 1.2820
The intermediate-term trend has been DOWN since Jul 26th, 2022 at 1.2842
The short-term trend has been DOWN since Aug 11th, 2022 at 1.2858
Smart Scan Analysis for M6C.U22
Based on our trend formula, M6C.U22 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).