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Future Trend Analysis Report

Prepared for you on Wednesday, September 23, 2020.

MEXICAN PESO Sep 2020 (CME:6M.U20)

Countertrend Up (+85) - 6M.U20 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.U20?

MarketClub looks at technical strength and momentum to determine if the timing is right for 6M.U20.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_6M.U20
Open High Low 6M.U20 Price Change
0.04702 0.04725 0.04700 0.04740 +0.00027
Entry Signal

MarketClub’s Trade Triangles for 6M.U20

long term up The long-term trend has been UP since Sep 2nd, 2020 at 0.04598

intermediate term up The intermediate-term trend has been UP since Jul 21st, 2020 at 0.04453

short term down The short-term trend has been DOWN since Sep 9th, 2020 at 0.04558

Smart Scan Analysis for 6M.U20

Based on our trend formula, 6M.U20 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for 6M.U20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04702 0.04725 0.04700 0.04740 +0.00027
Prev. Close Volume Bid Ask Time
0.04725 586 2020-09-14 17:28:33
Expiration2020-09-14Open Time18:00
Close Time17:00
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