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Forex Trend Analysis Report

Prepared for you on Saturday, February 22, 2025.

Mexican Peso/Canadian Dollar (FOREX:MXNCAD)

Weak Uptrend (+65) - MXNCAD is showing signs of weakening momentum to the upside. Monitor MXNCAD as it may be in the beginning stages of a reversal.

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.

FOREX_MXNCAD
Open High Low MXNCAD Price Change
0.06977064 0.06993700 0.06929688 0.06965374 -0.00011700
Entry Signal

MarketClub’s Trade Triangles for MXNCAD

long term up The long-term trend has been UP since Dec 23rd, 2024 at 0.07169909

intermediate term up The intermediate-term trend has been UP since Jan 24th, 2025 at 0.07095945

short term down The short-term trend has been DOWN since Feb 21st, 2025 at 0.06949747

Smart Scan Analysis for MXNCAD

Based on our trend formula, MXNCAD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for MXNCAD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.06977064 0.06993700 0.06929688 0.06965374 -0.00011700
Prev. Close Volume Bid Ask Time
0.06972525 2025-02-21 17:03:30
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