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Forex Trend Analysis Report

Prepared for you on Saturday, March 6, 2021.

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
0.04399471 0.04407150 0.04340292 0.04362715 -0.00036800
Entry Signal

MarketClub’s Trade Triangles for MXNCHF

long term up The long-term trend has been UP since Nov 4th, 2020 at 0.04363050

intermediate term down The intermediate-term trend has been DOWN since Feb 22nd, 2021 at 0.04326684

short term down The short-term trend has been DOWN since Mar 5th, 2021 at 0.04376250

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
0.04399471 0.04407150 0.04340292 0.04362715 -0.00036800
Prev. Close Volume Bid Ask Time
0.04399471 2021-03-05 17:04:12
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