Future Trend Analysis Report
Prepared for you on Monday, December 6, 2021.
MEXICAN PESO Mar 2022 (CME:6M.H22)
Countertrend Down (-85) - 6M.H22 is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid 6M.H22?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6M.H22.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6M.H22
The long-term trend has been DOWN since Sep 30th, 2021 at 0.04790
The intermediate-term trend has been DOWN since Sep 27th, 2021 at 0.04886
The short-term trend has been UP since Nov 30th, 2021 at 0.04545
Smart Scan Analysis for 6M.H22
Based on our trend formula, 6M.H22 is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).