Future Trend Analysis Report
Prepared for you on Thursday, April 9, 2020.
NEW ZEALAND $ Jun 2020 (CME:6N.M20)
Sidelines Mode (-55) - 6N.M20 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 6N.M20?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6N.M20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6N.M20
The long-term trend has been DOWN since Feb 7th, 2020 at 0.6432
The intermediate-term trend has been DOWN since Jan 20th, 2020 at 0.6625
The short-term trend has been UP since Apr 6th, 2020 at 0.5919
Smart Scan Analysis for 6N.M20
Based on our trend formula, 6N.M20 is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).