Future Trend Analysis Report
Prepared for you on Wednesday, October 27, 2021.
MEXICAN PESO/US $ (NEW) DECEMBER 2021 (ICE:@KMP.Z21)
Bull Market Weakness (+75) - @KMP.Z21 is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on @KMP.Z21 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid @KMP.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for @KMP.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for @KMP.Z21
The long-term trend has been DOWN since Oct 7th, 2021 at 0.047990
The intermediate-term trend has been UP since Oct 25th, 2021 at 0.049075
The short-term trend has been UP since Oct 13th, 2021 at 0.048000
Smart Scan Analysis for @KMP.Z21
Based on our trend formula, @KMP.Z21 is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
|52wk High||0.049775||52wk High Date||2021-09-09|
|52wk Low||0.0477||52wk Low Date||2021-10-12|