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Forex Trend Analysis Report

Prepared for you on Sunday, April 5, 2020.

Mexican Peso/Chilean Peso (FOREX:MXNCLP)

Strong Downtrend (-100) - MXNCLP is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, SHORTSYMBOL continues to fall. Traders should use caution and set stops.

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

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

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

FOREX_MXNCLP
Open High Low MXNCLP Price Change
35.645587 35.645587 35.645587 35.645587 0.000000
Entry Signal

MarketClub’s Trade Triangles for MXNCLP

long term down The long-term trend has been DOWN since Mar 9th, 2020 at 39.357601

intermediate term down The intermediate-term trend has been DOWN since Mar 4th, 2020 at 42.083805

short term down The short-term trend has been DOWN since Feb 26th, 2020 at 42.614499

Smart Scan Analysis for MXNCLP

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

-100
Smart Scan Analysis for MXNCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
35.645587 35.645587 35.645587 35.645587 0.000000
Prev. Close Volume Bid Ask Time
35.645587 35.117399 36.173774 2020-04-02 07:19:22
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