Future Trend Analysis Report
Prepared for you on Saturday, June 12, 2021.
MEXICAN PESO Jun 2021 (CME:6M.M21)
Countertrend Up (+85) - 6M.M21 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.
Is it time to buy, sell, or avoid 6M.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6M.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6M.M21
The long-term trend has been UP since May 14th, 2021 at 0.05023
The intermediate-term trend has been UP since Mar 17th, 2021 at 0.04850
The short-term trend has been DOWN since Jun 11th, 2021 at 0.05063
Smart Scan Analysis for 6M.M21
Based on our trend formula, 6M.M21 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).