Future Trend Analysis Report
Prepared for you on Thursday, September 24, 2020.
E-MICRO CAD/USD Dec 2020 (CME:MCD.Z20)
Weak Downtrend (-65) - MCD.Z20 is showing signs of a strengthening downtrend. Monitor MCD.Z20 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid MCD.Z20?
MarketClub looks at technical strength and momentum to determine if the timing is right for MCD.Z20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for MCD.Z20
The long-term trend has been UP since Jul 6th, 2020 at 0.7385
The intermediate-term trend has been DOWN since Sep 21st, 2020 at 0.7548
The short-term trend has been DOWN since Sep 21st, 2020 at 0.7572
Smart Scan Analysis for MCD.Z20
Based on our trend formula, MCD.Z20 is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).