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Forex Trend Analysis Report

Prepared for you on Saturday, February 22, 2025.

Canadian Dollar/Mexican Peso (FOREX:CADMXN)

Weak Downtrend (-65) - CADMXN is showing signs of a strengthening downtrend. Monitor CADMXN as it may be building momentum to the downside.

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
14.333000 14.430664 14.298624 14.356739 +0.023739
Entry Signal

MarketClub’s Trade Triangles for CADMXN

long term down The long-term trend has been DOWN since Dec 23rd, 2024 at 13.946934

intermediate term down The intermediate-term trend has been DOWN since Jan 24th, 2025 at 14.088390

short term up The short-term trend has been UP since Feb 21st, 2025 at 14.386600

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
14.333000 14.430664 14.298624 14.356739 +0.023739
Prev. Close Volume Bid Ask Time
14.342008 2025-02-21 17:03:30
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