Free Daily Analysis

Future Trend Analysis Report

Prepared for you on Saturday, May 21, 2022.

MEXICAN PESO/US $ (NEW) DECEMBER 2022 (ICE:@KMP.Z22)

Long-Term Downtrend (-90) - @KMP.Z22 is in a strong downtrend that is likely to continue. While @KMP.Z22 is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.

Is it time to buy, sell, or avoid @KMP.Z22?

MarketClub looks at technical strength and momentum to determine if the timing is right for @KMP.Z22.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

ICE_@KMP.Z22
Open High Low @KMP.Z22 Price Change
0.04779 0.04779 0.04779 0.04779 0.00000
Entry Signal

MarketClub’s Trade Triangles for @KMP.Z22

long term down The long-term trend has been DOWN since at

intermediate term down The intermediate-term trend has been DOWN since at

short term down The short-term trend has been DOWN since at

Smart Scan Analysis for @KMP.Z22

Based on our trend formula, @KMP.Z22 is rated as a -90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-90
Smart Scan Analysis for @KMP.Z22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04779 0.04779 0.04779 0.04779 0.00000
Prev. Close Volume Bid Ask Time
0.04817 0 2022-05-17 00:00:00
Volatility10.74Expiration2022-12-19
Get a free daily analysis and signals for MEXICAN PESO/US $ (NEW) DECEMBER 2022 (@KMP.Z22) - Request Your Free Report.