Future Trend Analysis Report
Prepared for you on Monday, August 2, 2021.
MEXICAN PESO Aug 2021 (CME:6M.Q21)
Countertrend Up (+85) - 6M.Q21 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.Q21?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6M.Q21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6M.Q21
The long-term trend has been UP since Jun 25th, 2021 at 0.04998
The intermediate-term trend has been UP since Jun 25th, 2021 at 0.04998
The short-term trend has been UP since Jun 25th, 2021 at 0.04998
Smart Scan Analysis for 6M.Q21
Based on our trend formula, 6M.Q21 is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).