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.
MarketClub’s Trade Triangles for CHFMXN
The long-term trend has been UP since Feb 26th, 2020 at 19.87535
The intermediate-term trend has been UP since Feb 24th, 2020 at 19.61195
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).