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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.

CME_6N.M21
Open High Low 6N.M21 Price Change
0.7276 0.7278 0.7152 0.7156 -0.0113
Entry Signal

MarketClub’s Trade Triangles for 6N.M21

long term down The long-term trend has been DOWN since Mar 23rd, 2021 at 0.7000

intermediate term up The intermediate-term trend has been UP since Apr 15th, 2021 at 0.7161

short term down 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).

-75
Smart Scan Analysis for 6N.M21
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.7276 0.7278 0.7152 0.7156 -0.0113
Prev. Close Volume Bid Ask Time
0.7269 25793 2021-05-12 12:50:31
Expiration2021-06-14Open Time18:00
Close Time17:00
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