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Forex Trend Analysis Report
Prepared for you on Friday, April 19, 2024.
Mexican Peso/Singapore Dollar (FOREX:MXNSGD)
Strong Downtrend (-100) - MXNSGD is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, MXNSGD continues to fall. Traders should use caution and set stops.
Is it time to buy, sell, or avoid MXNSGD?
MarketClub looks at technical strength and momentum to determine if the timing is right for MXNSGD.
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 MXNSGD
The long-term trend has been DOWN since Apr 18th, 2024 at 0.07719150
The intermediate-term trend has been DOWN since Apr 16th, 2024 at 0.08110724
The short-term trend has been DOWN since Apr 12th, 2024 at 0.08189581
Smart Scan Analysis for MXNSGD
Based on our trend formula, MXNSGD is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.07825300 | 0.07861850 | 0.07803445 | 0.07849800 | +0.00024500 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.07825300 | 2024-04-19 00:39:50 |