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Forex Trend Analysis Report
Prepared for you on Monday, March 31, 2025.
Mexican Peso/Canadian Dollar (FOREX:MXNCAD)
Sidelines Mode (+55) - MXNCAD is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.
Is it time to buy, sell, or avoid MXNCAD?
MarketClub looks at technical strength and momentum to determine if the timing is right for MXNCAD.
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 MXNCAD
The long-term trend has been UP since Dec 23rd, 2024 at 0.07169909
The intermediate-term trend has been UP since Mar 7th, 2025 at 0.07080158
The short-term trend has been DOWN since Mar 26th, 2025 at 0.07080717
Smart Scan Analysis for MXNCAD
Based on our trend formula, MXNCAD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.07005155 | 0.07067000 | 0.07002800 | 0.07024300 | +0.00019100 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.07005155 | 2025-03-31 17:07:30 |