Future Trend Analysis Report
Prepared for you on Tuesday, September 22, 2020.
E-MICRO CAD/USD Sep 2020 (CME:MCD.U20)
Bull Market Weakness (+75) - MCD.U20 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MCD.U20 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid MCD.U20?
MarketClub looks at technical strength and momentum to determine if the timing is right for MCD.U20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MCD.U20
The long-term trend has been UP since Mar 26th, 2020 at 0.7039
The intermediate-term trend has been UP since Mar 26th, 2020 at 0.7039
The short-term trend has been UP since Sep 15th, 2020 at 0.7603
Smart Scan Analysis for MCD.U20
Based on our trend formula, MCD.U20 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).