Future Trend Analysis Report
Prepared for you on Thursday, May 6, 2021.
NEW ZEALAND $ Jun 2021 (CME:6N.M21)
Crossroads (+60) - 6N.M21 is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid 6N.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6N.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6N.M21
The long-term trend has been DOWN since Mar 23rd, 2021 at 0.7000
The intermediate-term trend has been UP since Apr 15th, 2021 at 0.7161
The short-term trend has been UP since May 5th, 2021 at 0.7203
Smart Scan Analysis for 6N.M21
Based on our trend formula, 6N.M21 is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).