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Forex Trend Analysis Report
Prepared for you on Friday, May 9, 2025.
Mexican Peso/Chilean Peso (FOREX:MXNCLP)
Sidelines Mode (+50) - MXNCLP is failing to move into a strong trend and is encountering choppy trading conditions. Be cautious and consider taking a sidelines position until MXNCLP can gain momentum.
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.
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MarketClub’s Trade Triangles for MXNCLP
The long-term trend has been DOWN since Feb 2nd, 2025 at 47.179244
The intermediate-term trend has been UP since Apr 9th, 2025 at 46.820156
The short-term trend has been UP since Apr 1st, 2025 at 46.418364
Smart Scan Analysis for MXNCLP
Based on our trend formula, MXNCLP is rated as a +50 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 48.148613 | 48.148613 | 48.148613 | 48.148613 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 48.372150 | 2025-05-04 11:01:01 |