Future Trend Analysis Report
Prepared for you on Friday, February 22, 2019.
E-MICRO CAD/USD Mar 2019 (CME:MCD.H19)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for MCD.H19
The long term trend has been DOWN since Oct 19th, 2018 at 0.7670
The intermediate term trend has been UP since Jan 6th, 2019 at 0.7493
The short term trend has been UP since Feb 18th, 2019 at 0.7555
Smart Scan Analysis for MCD.H19
Based on a pre-defined weighted trend formula for chart analysis, MCD.H19 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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