Future Trend Analysis Report
Prepared for you on Friday, September 17, 2021.
MEXICAN PESO Sep 2021 (CME:6M.U21)
Long-Term Uptrend (+90) - 6M.U21 is in a strong uptrend that is likely to continue. While 6M.U21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid 6M.U21?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6M.U21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6M.U21
The long-term trend has been UP since Apr 1st, 2021 at 0.04763
The intermediate-term trend has been UP since Sep 3rd, 2021 at 0.05022
The short-term trend has been UP since Sep 10th, 2021 at 0.05020
Smart Scan Analysis for 6M.U21
Based on our trend formula, 6M.U21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).