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Forex Trend Analysis Report

Prepared for you on Saturday, October 23, 2021.

Canadian Dollar/Mexican Peso (FOREX:CADMXN)

Weak Uptrend (+65) - CADMXN is showing signs of weakening momentum to the upside. Monitor CADMXN as it may be in the beginning stages of a reversal.

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

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

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

FOREX_CADMXN
Open High Low CADMXN Price Change
16.322074 16.322074 16.322074 16.322074 0.000000
Entry Signal

MarketClub’s Trade Triangles for CADMXN

long term up The long-term trend has been UP since Oct 4th, 2021 at 16.324726

intermediate term up The intermediate-term trend has been UP since Aug 23rd, 2021 at 16.081100

short term down The short-term trend has been DOWN since Oct 13th, 2021 at 16.598715

Smart Scan Analysis for CADMXN

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

+65
Smart Scan Analysis for CADMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
16.322074 16.322074 16.322074 16.322074 0.000000
Prev. Close Volume Bid Ask Time
16.322074 2021-10-23 17:27:55
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