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Future Trend Analysis Report

Prepared for you on Friday, December 8, 2023.

MEXICAN PESO Dec 2023 (CME:6M.Z23)

Weak Downtrend (-65) - 6M.Z23 is showing signs of a strengthening downtrend. Monitor 6M.Z23 as it may be building momentum to the downside.

Is it time to buy, sell, or avoid 6M.Z23?

MarketClub looks at technical strength and momentum to determine if the timing is right for 6M.Z23.

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

CME_6M.Z23
Open High Low 6M.Z23 Price Change
0.05719 0.05765 0.05700 0.05757 +0.00042
Entry Signal

MarketClub’s Trade Triangles for 6M.Z23

long term down The long-term trend has been DOWN since Sep 6th, 2023 at 0.05624

intermediate term up The intermediate-term trend has been UP since Nov 1st, 2023 at 0.05549

short term down The short-term trend has been DOWN since Nov 29th, 2023 at 0.05802

Smart Scan Analysis for 6M.Z23

Based on our trend formula, 6M.Z23 is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for 6M.Z23
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.05719 0.05765 0.05700 0.05757 +0.00042
Prev. Close Volume Bid Ask Time
0.05715 65671 2023-12-08 09:54:26
Expiration2023-12-18Open Time18:00
Close Time17:00
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