Future Trend Analysis Report
Prepared for you on Saturday, June 10, 2023.
MEXICAN PESO Sep 2023 (CME:6M.U23)
Long-Term Uptrend (+90) - 6M.U23 is in a strong uptrend that is likely to continue. While 6M.U23 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.U23?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6M.U23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6M.U23
The long-term trend has been UP since Mar 20th, 2023 at 0.05080
The intermediate-term trend has been UP since Mar 20th, 2023 at 0.05080
The short-term trend has been UP since Jun 2nd, 2023 at 0.05582
Smart Scan Analysis for 6M.U23
Based on our trend formula, 6M.U23 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).