Future Trend Analysis Report
Prepared for you on Thursday, March 4, 2021.
NEW ZEALAND $ Mar 2021 (CME:6N.H21)
Sidelines Mode (+55) - 6N.H21 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid 6N.H21?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6N.H21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6N.H21
The long-term trend has been UP since May 29th, 2020 at 0.5950
The intermediate-term trend has been UP since Oct 22nd, 2020 at 0.6668
The short-term trend has been DOWN since Feb 25th, 2021 at 0.7312
Smart Scan Analysis for 6N.H21
Based on our trend formula, 6N.H21 is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).