Future Trend Analysis Report
Prepared for you on Saturday, January 18, 2020.
NEW ZEALAND $ Jun 2020 (CME:6N.M20)
Smart Scan Chart Analysis shows that positive longer term is weakening. The market action could signal the start of a major trend change Weak Uptrend Very tight money management stops.
The Trade Triangles are generated using a proprietary algorithm that is comprised of weighted factors that include, but are not limited to - price change, percentage change, moving averages, and new highs/lows. The MarketClub trading strategy is based on the triangles, learn more here.
MarketClub’s Trade Triangles for 6N.M20
The long term trend has been UP since Dec 4th, 2019 at 0.6465
The intermediate term trend has been UP since Dec 10th, 2019 at 0.6520
The short term trend has been DOWN since Jan 8th, 2020 at 0.6663
Smart Scan Analysis for 6N.M20
Based on a pre-defined weighted trend formula for chart analysis, 6N.M20 scored +65 on a scale from -100 (strong downtrend) to +100 (strong uptrend).