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Future Trend Analysis Report

Prepared for you on Friday, October 23, 2020.

MEXICAN PESO Dec 2020 (CME:6M.Z20)

Strong Uptrend (+100) - 6M.Z20 is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, 6M.Z20 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.Z20?

MarketClub looks at technical strength and momentum to determine if the timing is right for 6M.Z20.

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

CME_6M.Z20
Open High Low 6M.Z20 Price Change
0.04747 0.04763 0.04726 0.04750 +0.00004
Entry Signal

MarketClub’s Trade Triangles for 6M.Z20

long term up The long-term trend has been UP since May 11th, 2020 at 0.04000

intermediate term up The intermediate-term trend has been UP since Oct 16th, 2020 at 0.04706

short term up The short-term trend has been UP since Sep 30th, 2020 at 0.04446

Smart Scan Analysis for 6M.Z20

Based on our trend formula, 6M.Z20 is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+100
Smart Scan Analysis for 6M.Z20
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04747 0.04763 0.04726 0.04750 +0.00004
Prev. Close Volume Bid Ask Time
0.04726 12580 2020-10-23 06:33:32
Expiration2020-12-14Open Time18:00
Close Time17:00
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