Future Trend Analysis Report
Prepared for you on Saturday, August 8, 2020.
MEXICAN PESO Sep 2020 (CME:6M.U20)
Weak Downtrend (-65) - 6M.U20 is showing signs of a strengthening downtrend. Monitor 6M.U20 as it may be building momentum to the downside.
Is it time to buy, sell, or avoid 6M.U20?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6M.U20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6M.U20
The long-term trend has been DOWN since Mar 5th, 2020 at 0.04964
The intermediate-term trend has been UP since Jul 21st, 2020 at 0.04453
The short-term trend has been DOWN since Jul 30th, 2020 at 0.04518
Smart Scan Analysis for 6M.U20
Based on our trend formula, 6M.U20 is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).