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.
MarketClub’s Trade Triangles for 6M.Z20
The long-term trend has been UP since May 11th, 2020 at 0.04000
The intermediate-term trend has been UP since Oct 16th, 2020 at 0.04706
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).