Future Trend Analysis Report
Prepared for you on Wednesday, May 12, 2021.
NEW ZEALAND $ Jun 2021 (CME:6N.M21)
Bear Market Rally (-75) - 6N.M21 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on 6N.M21 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid 6N.M21?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6N.M21.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6N.M21
The long-term trend has been DOWN since Mar 23rd, 2021 at 0.7000
The intermediate-term trend has been UP since Apr 15th, 2021 at 0.7161
The short-term trend has been DOWN since May 12th, 2021 at 0.7244
Smart Scan Analysis for 6N.M21
Based on our trend formula, 6N.M21 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).