Future Trend Analysis Report
Prepared for you on Tuesday, March 21, 2023.
NEW ZEALAND $ Jun 2023 (CME:6N.M23)
Bear Market Rally (-75) - 6N.M23 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on 6N.M23 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid 6N.M23?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6N.M23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6N.M23
The long-term trend has been DOWN since Feb 24th, 2023 at 0.62000
The intermediate-term trend has been UP since Mar 14th, 2023 at 0.62605
The short-term trend has been DOWN since Mar 21st, 2023 at 0.61820
Smart Scan Analysis for 6N.M23
Based on our trend formula, 6N.M23 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).