Future Trend Analysis Report
Prepared for you on Monday, October 19, 2020.
NEW ZEALAND $ Dec 2020 (CME:6N.Z20)
Weak Uptrend (+65) - 6N.Z20 is showing signs of weakening momentum to the upside. Monitor 6N.Z20 as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid 6N.Z20?
MarketClub looks at technical strength and momentum to determine if the timing is right for 6N.Z20.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for 6N.Z20
The long-term trend has been UP since Jun 26th, 2020 at 0.6414
The intermediate-term trend has been DOWN since Sep 22nd, 2020 at 0.6600
The short-term trend has been UP since Oct 19th, 2020 at 0.6630
Smart Scan Analysis for 6N.Z20
Based on our trend formula, 6N.Z20 is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).