Future Trend Analysis Report
Prepared for you on Saturday, January 22, 2022.
MEXICAN PESO/US $ (NEW) JUNE 2022 (ICE:@KMP.M22)
Strong Downtrend (-100) - @KMP.M22 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, @KMP.M22 continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid @KMP.M22?
MarketClub looks at technical strength and momentum to determine if the timing is right for @KMP.M22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @KMP.M22
The long-term trend has been DOWN since at
The intermediate-term trend has been DOWN since at
The short-term trend has been DOWN since at
Smart Scan Analysis for @KMP.M22
Based on our trend formula, @KMP.M22 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).