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Future Trend Analysis Report

Prepared for you on Thursday, October 21, 2021.

MEXICAN PESO Oct 2021 (CME:6M.V21)

Bear Market Rally (-75) - 6M.V21 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on 6M.V21 as it may be in the beginning of a reversal.

Is it time to buy, sell, or avoid 6M.V21?

MarketClub looks at technical strength and momentum to determine if the timing is right for 6M.V21.

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

Open High Low 6M.V21 Price Change
0.04886 0.04886 0.04880 0.04899 +0.00032
Entry Signal

MarketClub’s Trade Triangles for 6M.V21

long term down The long-term trend has been DOWN since Oct 11th, 2021 at 0.04857

intermediate term down The intermediate-term trend has been DOWN since Sep 29th, 2021 at 0.04938

short term up The short-term trend has been UP since Oct 15th, 2021 at 0.04880

Smart Scan Analysis for 6M.V21

Based on our trend formula, 6M.V21 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

Smart Scan Analysis for 6M.V21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04886 0.04886 0.04880 0.04899 +0.00032
Prev. Close Volume Bid Ask Time
0.04914 15 2021-10-15 10:41:08
Expiration2021-10-18Open Time18:00
Close Time17:00
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