Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, June 24, 2024.

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
20.286290 20.308481 20.000268 20.104550 -0.181740
Entry Signal

MarketClub’s Trade Triangles for CHFMXN

long term up The long-term trend has been UP since Jun 4th, 2024 at 20.04200

intermediate term up The intermediate-term trend has been UP since May 30th, 2024 at 18.85420

short term down The short-term trend has been DOWN since Jun 20th, 2024 at 20.65895

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
20.286290 20.308481 20.000268 20.104550 -0.181740
Prev. Close Volume Bid Ask Time
20.286290 2024-06-24 16:41:44
Get a free daily analysis and signals for Swiss Franc/Mexican Peso (CHFMXN) - Request Your Free Report.