Free Daily Analysis

Index Trend Analysis Report

Prepared for you on Sunday, August 9, 2020.

S&P MILA Pacific Alliance Select TR Mexican Peso (CME:SPMPSMT)

Weak Downtrend (-65) - SPMPSMT is showing signs of a strengthening downtrend. Monitor SPMPSMT as it may be building momentum to the downside.

Is it time to buy, sell, or avoid SPMPSMT?

MarketClub looks at technical strength and momentum to determine if the timing is right for SPMPSMT.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

CME_SPMPSMT
Open High Low SPMPSMT Price Change
11904.13 11904.13 11783.42 11822.13 -42.25
Entry Signal

MarketClub’s Trade Triangles for SPMPSMT

long term down The long-term trend has been DOWN since Feb 24th, 2020 at 12823.96

intermediate term down The intermediate-term trend has been DOWN since Jul 21st, 2020 at 11462.80

short term up The short-term trend has been UP since Aug 3rd, 2020 at 11877.27

Smart Scan Analysis for SPMPSMT

Based on our trend formula, SPMPSMT is rated as a -65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-65
Smart Scan Analysis for SPMPSMT
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11904.13 11904.13 11783.42 11822.13 -42.25
Prev. Close Volume Bid Ask Time
11580.01 0 2020-08-07 16:29:37
Get a free daily analysis and signals for S&P MILA Pacific Alliance Select TR Mexican Peso (SPMPSMT) - Request Your Free Report.