Future Trend Analysis Report
Prepared for you on Saturday, May 27, 2023.
MEXICAN PESO Jun 2023 (CME:6M.M23)
Strong Uptrend (+100) - 6M.M23 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, 6M.M23 continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
Is it time to buy, sell, or avoid 6M.M23?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6M.M23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6M.M23
The long-term trend has been UP since Jan 12th, 2023 at 0.04990
The intermediate-term trend has been UP since Mar 31st, 2023 at 0.05469
The short-term trend has been UP since May 26th, 2023 at 0.05587
Smart Scan Analysis for 6M.M23
Based on our trend formula, 6M.M23 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).