Free Daily Analysis

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.

CME_6N.M21
Open High Low 6N.M21 Price Change
0.7209 0.7228 0.7184 0.7204 -0.0012
Entry Signal

MarketClub’s Trade Triangles for 6N.M21

long term down The long-term trend has been DOWN since Mar 23rd, 2021 at 0.7000

intermediate term up The intermediate-term trend has been UP since Apr 15th, 2021 at 0.7161

short term up 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).

+60
Smart Scan Analysis for 6N.M21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.7209 0.7228 0.7184 0.7204 -0.0012
Prev. Close Volume Bid Ask Time
0.7216 16169 2021-05-06 08:38:08
Expiration2021-06-14Open Time18:00
Close Time17:00
Get a free daily analysis and signals for NEW ZEALAND $ Jun 2021 (6N.M21) - Request Your Free Report.