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Future Trend Analysis Report

Prepared for you on Monday, October 19, 2020.

MEXICAN PESO Jun 2021 (CME:6M.M21)

Strong Downtrend (-100) - 6M.M21 is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid 6M.M21?

MarketClub looks at technical strength and momentum to determine if the timing is right for 6M.M21.

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

CME_6M.M21
Open High Low 6M.M21 Price Change
0.04518 0.04518 0.04518 0.04518 -0.00007
Entry Signal

MarketClub’s Trade Triangles for 6M.M21

long term down The long-term trend has been DOWN since Sep 24th, 2020 at 0.04636

intermediate term down The intermediate-term trend has been DOWN since Sep 24th, 2020 at 0.04636

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

Smart Scan Analysis for 6M.M21

Based on our trend formula, 6M.M21 is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-100
Smart Scan Analysis for 6M.M21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04518 0.04518 0.04518 0.04518 -0.00007
Prev. Close Volume Bid Ask Time
0.04556 1 2020-10-08 08:23:40
Expiration2021-06-14Open Time18:00
Close Time17:00
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