Future Trend Analysis Report
Prepared for you on Wednesday, February 26, 2020.
E-MICRO CAD/USD Jun 2020 (CME:MCD.M20)
Strong Downtrend (-100) - MCD.M20 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid MCD.M20?
MarketClub looks at technical strength and momentum to determine if the timing is right for MCD.M20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MCD.M20
The long-term trend has been DOWN since Jan 22nd, 2020 at 0.7601
The intermediate-term trend has been DOWN since Jan 22nd, 2020 at 0.7633
The short-term trend has been DOWN since Feb 23rd, 2020 at 0.7540
Smart Scan Analysis for MCD.M20
Based on our trend formula, MCD.M20 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).