Forex Trend Analysis Report
Prepared for you on Tuesday, March 19, 2024.
Mexican Peso/Norwegian Krone (FOREX:MXNNOK)
Bull Market Weakness (+75) - MXNNOK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MXNNOK as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid MXNNOK?
MarketClub looks at technical strength and momentum to determine if the timing is right for MXNNOK.
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 MXNNOK
The long-term trend has been UP since Aug 28th, 2023 at 0.640550
The intermediate-term trend has been UP since Jan 7th, 2024 at 0.611455
The short-term trend has been DOWN since Mar 19th, 2024 at 0.631450
Smart Scan Analysis for MXNNOK
Based on our trend formula, MXNNOK is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
Open | High | Low | Price | Change |
---|---|---|---|---|
0.633440 | 0.634915 | 0.630645 | 0.631070 | -0.002370 |
Prev. Close | Volume | Bid | Ask | Time |
0.633440 | 2024-03-19 08:32:36 |