Future Trend Analysis Report
Prepared for you on Friday, October 19, 2018.
MEXICAN PESO Dec 2018 (E) (CME:6M.Z18.E)
Smart Scan Chart Analysis indicates a counter trend rally is underway The current up-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.Z18.E
The long term trend has been UP since Aug 6th, 2018 at 0.05275
The intermediate term trend has been UP since Sep 19th, 2018 at 0.05276
The short term trend has been DOWN since Oct 18th, 2018 at 0.05239
Smart Scan Analysis for 6M.Z18.E
Based on a pre-defined weighted trend formula for chart analysis, 6M.Z18.E scored +55 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
|Contract High||0.05341||Contract High Date||2018-10-01|
|Contract Low||0.04755||Contract Low Date||2018-06-20|
|Estimated Volume||46885||First Delivery||2018-12-19|