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Forex Trend Analysis Report
Prepared for you on Friday, April 26, 2024.
Mexican Peso/Chilean Peso (FOREX:MXNCLP)
Weak Downtrend (-65) - MXNCLP is showing signs of a strengthening downtrend. Monitor MXNCLP as it may be building momentum to the downside.
Is it time to buy, sell, or avoid MXNCLP?
MarketClub looks at technical strength and momentum to determine if the timing is right for MXNCLP.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for MXNCLP
The long-term trend has been UP since Apr 10th, 2023 at 45.302699
The intermediate-term trend has been DOWN since Apr 22nd, 2024 at 56.879951
The short-term trend has been DOWN since Apr 5th, 2024 at 59.163915
Smart Scan Analysis for MXNCLP
Based on our trend formula, MXNCLP is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 55.090497 | 55.090497 | 55.090497 | 55.090497 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 55.090497 | 2024-04-26 07:26:06 |