Future Trend Analysis Report
Prepared for you on Monday, May 1, 2017.
MEXICAN PESO Jun 2017 (E) (CME:6M.M17.E)
Smart Scan Chart Analysis indicates a counter trend rally is underway. It also indicates that the current down trend could be changing and moving into a trading range Sidelines Mode.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for 6M.M17.E
The long term trend has been UP since Mar 3rd, 2017 at 0.05024
The intermediate term trend has been DOWN since Apr 25th, 2017 at 0.05218
The short term trend has been UP since Apr 30th, 2017 at 0.05267
Smart Scan Analysis for 6M.M17.E
Based on a pre-defined weighted trend formula for chart analysis, 6M.M17.E scored -55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||0.05366||Contract High Date||2017-04-18|
|Contract Low||0.04444||Contract Low Date||2017-01-19|
|Estimated Volume||14048||First Delivery||2017-06-21|