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Forex Trend Analysis Report

Prepared for you on Tuesday, December 1, 2020.

Swiss Franc/Mexican Peso (FOREX:CHFMXN)

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

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

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

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

FOREX_CHFMXN
Open High Low CHFMXN Price Change
22.16040 22.29560 22.13995 22.26670 +0.10630
Entry Signal

MarketClub’s Trade Triangles for CHFMXN

long term down The long-term trend has been DOWN since Nov 4th, 2020 at 22.91870

intermediate term up The intermediate-term trend has been UP since Nov 4th, 2020 at 23.56515

short term up The short-term trend has been UP since Nov 27th, 2020 at 22.14690

Smart Scan Analysis for CHFMXN

Based on our trend formula, CHFMXN is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+70
Smart Scan Analysis for CHFMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
22.16040 22.29560 22.13995 22.26670 +0.10630
Prev. Close Volume Bid Ask Time
22.16040 2020-12-01 13:23:03
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