Future Trend Analysis Report
Prepared for you on Tuesday, June 2, 2020.
NEW ZEALAND $ Jun 2020 (CME:6N.M20)
Bull Market Weakness (+75) - 6N.M20 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on 6N.M20 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid 6N.M20?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6N.M20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6N.M20
The long-term trend has been DOWN since Feb 7th, 2020 at 0.6432
The intermediate-term trend has been UP since Apr 12th, 2020 at 0.6093
The short-term trend has been UP since May 31st, 2020 at 0.6240
Smart Scan Analysis for 6N.M20
Based on our trend formula, 6N.M20 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).