Future Trend Analysis Report
Prepared for you on Wednesday, January 19, 2022.
MEXICAN PESO Jan 2022 (CME:6M.F22)
Long-Term Uptrend (+90) - 6M.F22 is in a strong uptrend that is likely to continue. While 6M.F22 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 6M.F22?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6M.F22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6M.F22
The long-term trend has been UP since Jan 6th, 2022 at 0.04886
The intermediate-term trend has been UP since Dec 3rd, 2021 at 0.04670
The short-term trend has been UP since Dec 16th, 2021 at 0.04762
Smart Scan Analysis for 6M.F22
Based on our trend formula, 6M.F22 is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).