Future Trend Analysis Report
Prepared for you on Thursday, May 26, 2022.
E-MICRO CAD/USD Jun 2022 (CME:MCD.M22)
Weak Downtrend (-65) - MCD.M22 is showing signs of a strengthening downtrend. Monitor MCD.M22 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid MCD.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for MCD.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MCD.M22
The long-term trend has been DOWN since May 6th, 2022 at 0.7758
The intermediate-term trend has been DOWN since Apr 11th, 2022 at 0.7924
The short-term trend has been DOWN since May 25th, 2022 at 0.7790
Smart Scan Analysis for MCD.M22
Based on our trend formula, MCD.M22 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).