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Forex Trend Analysis Report

Prepared for you on Tuesday, June 2, 2020.

Mexican Peso/Swiss Franc (FOREX:MXNCHF)

Crossroads (+60) - MXNCHF 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 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
0.04361900 0.04366053 0.04360000 0.04360700 -0.00001200
Entry Signal

MarketClub’s Trade Triangles for MXNCHF

long term down The long-term trend has been DOWN since Feb 26th, 2020 at 0.0503125

intermediate term up The intermediate-term trend has been UP since May 10th, 2020 at 0.0411750

short term up The short-term trend has been UP since May 18th, 2020 at 0.0409800

Smart Scan Analysis for MXNCHF

Based on our trend formula, MXNCHF is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+60
Smart Scan Analysis for MXNCHF
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.04361900 0.04366053 0.04360000 0.04360700 -0.00001200
Prev. Close Volume Bid Ask Time
0.04361900 0.04360000 0.04361400 2020-06-02 02:06:21
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