Future Trend Analysis Report
Prepared for you on Monday, October 2, 2023.
E-MICRO CAD/USD Sep 2023 (CME:MCD.U23)
Bull Market Weakness (+75) - MCD.U23 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MCD.U23 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid MCD.U23?
MarketClub looks at technical strength and momentum to determine if the timing is right for MCD.U23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MCD.U23
The long-term trend has been DOWN since Aug 25th, 2023 at 0.7346
The intermediate-term trend has been UP since Sep 18th, 2023 at 0.7414
The short-term trend has been UP since Sep 8th, 2023 at 0.7334
Smart Scan Analysis for MCD.U23
Based on our trend formula, MCD.U23 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).