Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Swiss Franc/Mexican Peso (FOREX:CHFMXN)

Sidelines Mode (+55) - CHFMXN is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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
23.48110 23.52425 23.43015 23.47635 -0.00475
Entry Signal

MarketClub’s Trade Triangles for CHFMXN

long term up The long-term trend has been UP since Jun 4th, 2024 at 20.042000

intermediate term up The intermediate-term trend has been UP since Jan 27th, 2025 at 23.018250

short term down The short-term trend has been DOWN since May 8th, 2025 at 23.655181

Smart Scan Analysis for CHFMXN

Based on our trend formula, CHFMXN is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+55
Smart Scan Analysis for CHFMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
23.48110 23.52425 23.43015 23.47635 -0.00475
Prev. Close Volume Bid Ask Time
23.48110 2025-05-09 07:15:06
Get a free daily analysis and signals for Swiss Franc/Mexican Peso (CHFMXN) - Request Your Free Report.