Future Trend Analysis Report
Prepared for you on Saturday, June 12, 2021.
MEXICAN PESO/US $ (NEW) JUNE 2021 (ICE:@KMP.M21)
Long-Term Uptrend (+90) - @KMP.M21 is in a strong uptrend that is likely to continue. While @KMP.M21 is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
Is it time to buy, sell, or avoid @KMP.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for @KMP.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @KMP.M21
The long-term trend has been UP since Apr 19th, 2021 at 0.05013
The intermediate-term trend has been UP since Mar 17th, 2021 at 0.04845
The short-term trend has been UP since Jun 11th, 2021 at 0.05016
Smart Scan Analysis for @KMP.M21
Based on our trend formula, @KMP.M21 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||0.0503||52wk High Date||2021-05-19|
|52wk Low||0.04735||52wk Low Date||2021-03-10|