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Forex Trend Analysis Report

Prepared for you on Tuesday, July 5, 2022.

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
21.116373 21.257100 21.068900 21.206750 +0.090377
Entry Signal

MarketClub’s Trade Triangles for CHFMXN

long term down The long-term trend has been DOWN since Feb 16th, 2022 at 21.956756

intermediate term up The intermediate-term trend has been UP since Jun 14th, 2022 at 20.770100

short term up The short-term trend has been UP since Jun 28th, 2022 at 20.893800

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
21.116373 21.257100 21.068900 21.206750 +0.090377
Prev. Close Volume Bid Ask Time
21.116373 2022-07-05 12:37:58
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