Future Trend Analysis Report
Prepared for you on Sunday, November 19, 2017.
MEXICAN PESO Dec 2017 (E) (CME:6M.Z17.E)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
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.Z17.E
The long term trend has been DOWN since Oct 6th, 2017 at 0.05324
The intermediate term trend has been UP since Nov 17th, 2017 at 0.05244
The short term trend has been UP since Nov 16th, 2017 at 0.05218
Smart Scan Analysis for 6M.Z17.E
Based on a pre-defined weighted trend formula for chart analysis, 6M.Z17.E scored +70 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||0.05601||Contract High Date||2017-09-18|
|Contract Low||0.0458||Contract Low Date||2016-12-01|
|Estimated Volume||63609||First Delivery||2017-12-20|