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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Mexican Peso/Canadian Dollar (FOREX:MXNCAD)
Crossroads (+60) - MXNCAD is struggling to move into a solid trend. Beware of choppy markets 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 DOWN since Apr 6th, 2025 at 0.0688005
The intermediate-term trend has been UP since Apr 23rd, 2025 at 0.0708295
The short-term trend has been UP since May 7th, 2025 at 0.0706300
Smart Scan Analysis for MXNCAD
Based on our trend formula, MXNCAD is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.07129850 | 0.07136064 | 0.07125698 | 0.07127900 | -0.00002000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.07129850 | 2025-05-09 07:23:14 |