Future Trend Analysis Report
Prepared for you on Friday, February 26, 2021.
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.
MarketClub’s Trade Triangles for 6M.M21
The long-term trend has been DOWN since Feb 25th, 2021 at 0.04740
The intermediate-term trend has been DOWN since Feb 22nd, 2021 at 0.04812
The short-term trend has been DOWN since Feb 25th, 2021 at 0.04752
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).