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Forex Trend Analysis Report

Prepared for you on Wednesday, April 8, 2020.

Swiss Franc/Mexican Peso (FOREX:CHFMXN)

Weak Uptrend (+65) - CHFMXN is showing signs of weakening momentum to the upside. Monitor 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
25.08430 25.50215 24.64760 24.73960 -0.34470
Entry Signal

MarketClub’s Trade Triangles for CHFMXN

long term up The long-term trend has been UP since Feb 26th, 2020 at 19.87535

intermediate term up The intermediate-term trend has been UP since Feb 24th, 2020 at 19.61195

short term down The short-term trend has been DOWN since Apr 7th, 2020 at 25.01285

Smart Scan Analysis for CHFMXN

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

+65
Smart Scan Analysis for CHFMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
25.08430 25.50215 24.64760 24.73960 -0.34470
Prev. Close Volume Bid Ask Time
25.08430 24.73010 24.74910 2020-04-08 21:42:50
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