Future Trend Analysis Report
Prepared for you on Thursday, December 3, 2020.
MEXICAN PESO Mar 2021 (CME:6M.H21)
Strong Uptrend (+100) - 6M.H21 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, 6M.H21 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid 6M.H21?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6M.H21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6M.H21
The long-term trend has been UP since Aug 25th, 2020 at 0.04276
The intermediate-term trend has been UP since Nov 5th, 2020 at 0.04709
The short-term trend has been UP since Dec 2nd, 2020 at 0.04937
Smart Scan Analysis for 6M.H21
Based on our trend formula, 6M.H21 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).