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Future Trend Analysis Report

Prepared for you on Tuesday, May 17, 2022.

MEXICAN PESO Jun 2022 (CME:6M.M22)

Countertrend Up (+85) - 6M.M22 is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

Is it time to buy, sell, or avoid 6M.M22?

MarketClub looks at technical strength and momentum to determine if the timing is right for 6M.M22.

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

CME_6M.M22
Open High Low 6M.M22 Price Change
0.04989 0.04992 0.04987 0.04987 -0.00002
Entry Signal

MarketClub’s Trade Triangles for 6M.M22

long term up The long-term trend has been UP since Jan 7th, 2022 at 0.04737

intermediate term up The intermediate-term trend has been UP since May 17th, 2022 at 0.04964

short term down The short-term trend has been DOWN since May 12th, 2022 at 0.04862

Smart Scan Analysis for 6M.M22

Based on our trend formula, 6M.M22 is rated as a +85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+85
Smart Scan Analysis for 6M.M22
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04989 0.04992 0.04987 0.04987 -0.00002
Prev. Close Volume Bid Ask Time
0.04968 363 2022-05-17 19:13:56
Expiration2022-06-13Open Time18:00
Close Time17:00
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