Future Trend Analysis Report
Prepared for you on Monday, June 21, 2021.
E-MICRO CAD/USD Sep 2021 (CME:MCD.U21)
Sidelines Mode (-55) - MCD.U21 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid MCD.U21?
MarketClub looks at technical strength and momentum to determine if the timing is right for MCD.U21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MCD.U21
The long-term trend has been UP since Apr 28th, 2021 at 0.8080
The intermediate-term trend has been DOWN since Jun 11th, 2021 at 0.8236
The short-term trend has been UP since Jun 11th, 2021 at 0.8274
Smart Scan Analysis for MCD.U21
Based on our trend formula, MCD.U21 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).