Future Trend Analysis Report
Prepared for you on Tuesday, April 13, 2021.
E-MICRO CAD/USD Jun 2021 (CME:MCD.M21)
Crossroads (+60) - MCD.M21 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid MCD.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for MCD.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MCD.M21
The long-term trend has been UP since Dec 31st, 2020 at 0.7861
The intermediate-term trend has been DOWN since Apr 13th, 2021 at 0.7916
The short-term trend has been DOWN since Apr 13th, 2021 at 0.7931
Smart Scan Analysis for MCD.M21
Based on our trend formula, MCD.M21 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).