Future Trend Analysis Report
Prepared for you on Wednesday, September 27, 2023.
NEW ZEALAND $ Sep 2023 (CME:6N.U23)
Bear Market Rally (-75) - 6N.U23 is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on 6N.U23 as it may be in the beginning of a reversal.
Is it time to buy, sell, or avoid 6N.U23?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6N.U23.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6N.U23
The long-term trend has been DOWN since Aug 11th, 2023 at 0.60035
The intermediate-term trend has been DOWN since Jul 28th, 2023 at 0.61250
The short-term trend has been UP since Sep 8th, 2023 at 0.59025
Smart Scan Analysis for 6N.U23
Based on our trend formula, 6N.U23 is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).