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Forex Trend Analysis Report

Prepared for you on Tuesday, March 19, 2024.

Mexican Peso/Singapore Dollar (FOREX:MXNSGD)

Bull Market Weakness (+75) - MXNSGD is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MXNSGD as it may be in the beginning stages of a reversal.

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.

FOREX_MXNSGD
Open High Low MXNSGD Price Change
0.0795495 0.0797065 0.0794350 0.0794600 -0.0000890
Entry Signal

MarketClub’s Trade Triangles for MXNSGD

long term up The long-term trend has been UP since Dec 1st, 2023 at 0.08015221

intermediate term up The intermediate-term trend has been UP since Feb 16th, 2024 at 0.07903740

short term down The short-term trend has been DOWN since Mar 18th, 2024 at 0.07975050

Smart Scan Analysis for MXNSGD

Based on our trend formula, MXNSGD is rated as a +75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+75
Smart Scan Analysis for MXNSGD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0795495 0.0797065 0.0794350 0.0794600 -0.0000890
Prev. Close Volume Bid Ask Time
0.0795495 2024-03-19 05:21:36
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