Future Trend Analysis Report
Prepared for you on Wednesday, January 22, 2020.
NEW ZEALAND $ Mar 2020 (CME:6N.H20)
Smart Scan Chart Analysis shows the current downward trend is at a crossroads and has possibly ended. Look for choppy trading action in the nearterm Very Weak Downtrend with very tight stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for 6N.H20
The long term trend has been UP since Oct 18th, 2019 at 0.6377
The intermediate term trend has been DOWN since Jan 20th, 2020 at 0.6609
The short term trend has been DOWN since Jan 20th, 2020 at 0.6613
Smart Scan Analysis for 6N.H20
Based on a pre-defined weighted trend formula for chart analysis, 6N.H20 scored -60 on a scale from -100 (strong downtrend) to +100 (strong uptrend).