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Forex Trend Analysis Report
Prepared for you on Sunday, December 1, 2024.
Swiss Franc/Mexican Peso (FOREX:CHFMXN)
Strong Uptrend (+100) - CHFMXN is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, CHFMXN continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
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MarketClub’s Trade Triangles for CHFMXN
The long-term trend has been UP since Jun 4th, 2024 at 20.042000
The intermediate-term trend has been UP since Oct 30th, 2024 at 23.245124
The short-term trend has been UP since Nov 21st, 2024 at 23.076923
Smart Scan Analysis for CHFMXN
Based on our trend formula, CHFMXN is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 23.122538 | 23.130710 | 23.122538 | 23.122538 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 23.132400 | 2024-11-30 18:38:57 |