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Forex Trend Analysis Report

Prepared for you on Monday, February 24, 2020.

Mexican Peso/Swiss Franc (FOREX:MXNCHF)

Weak Downtrend (-65) - MXNCHF is showing signs of a strengthening downtrend. Monitor MXNCHF as it may be building momentum to the downside.

Is it time to buy, sell, or avoid MXNCHF?

MarketClub looks at technical strength and momentum to determine if the timing is right for MXNCHF.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_MXNCHF
Open High Low MXNCHF Price Change
0.0514820 0.0515965 0.0507700 0.0514630 -0.0000190
Entry Signal

MarketClub’s Trade Triangles for MXNCHF

long term up The long-term trend has been UP since Feb 5th, 2020 at 0.0522725

intermediate term down The intermediate-term trend has been DOWN since Feb 24th, 2020 at 0.0509860

short term down The short-term trend has been DOWN since Feb 20th, 2020 at 0.0525930

Smart Scan Analysis for MXNCHF

Based on our trend formula, MXNCHF is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for MXNCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0514820 0.0515965 0.0507700 0.0514630 -0.0000190
Prev. Close Volume Bid Ask Time
0.0514820 0.0514530 0.0514730 2020-02-24 23:11:43
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