Future Trend Analysis Report
Prepared for you on Tuesday, May 21, 2019.
MEXICAN PESO Jun 2019 (CME:6M.M19)
Smart Scan Chart Analysis is showing some near term weakness. However, this market remains in the confines of a longer term Uptrend with tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for 6M.M19
The long term trend has been UP since Jan 15th, 2019 at 0.05138
The intermediate term trend has been DOWN since May 3rd, 2019 at 0.05180
The short term trend has been UP since May 20th, 2019 at 0.05214
Smart Scan Analysis for 6M.M19
Based on a pre-defined weighted trend formula for chart analysis, 6M.M19 scored +75 on a scale from -100 (strong downtrend) to +100 (strong uptrend).
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