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.
MarketClub’s Trade Triangles for 6M.Z23
The long-term trend has been DOWN since Sep 6th, 2023 at 0.05624
The intermediate-term trend has been UP since Nov 1st, 2023 at 0.05549
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).