Future Trend Analysis Report
Prepared for you on Wednesday, July 28, 2021.
MEXICAN PESO Dec 2021 (CME:6M.Z21)
Sidelines Mode (-55) - 6M.Z21 is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid 6M.Z21?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6M.Z21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6M.Z21
The long-term trend has been UP since Jun 22nd, 2021 at 0.04768
The intermediate-term trend has been DOWN since Jul 21st, 2021 at 0.04884
The short-term trend has been UP since Jul 26th, 2021 at 0.04890
Smart Scan Analysis for 6M.Z21
Based on our trend formula, 6M.Z21 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).