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.
MarketClub’s Trade Triangles for MXNCHF
The long-term trend has been UP since Feb 5th, 2020 at 0.0522725
The intermediate-term trend has been DOWN since Feb 24th, 2020 at 0.0509860
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).