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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Mexican Peso/Swiss Franc (FOREX:MXNCHF)
Sidelines Mode (-55) - MXNCHF is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.
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MarketClub’s Trade Triangles for MXNCHF
The long-term trend has been DOWN since Jun 4th, 2024 at 0.04989600
The intermediate-term trend has been UP since Dec 11th, 2024 at 0.04397550
The short-term trend has been DOWN since Dec 25th, 2024 at 0.04438042
Smart Scan Analysis for MXNCHF
Based on our trend formula, MXNCHF is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.04460650 | 0.04464258 | 0.04455643 | 0.04458800 | -0.00001800 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.04460650 | 2024-12-26 07:13:35 |