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Forex Trend Analysis Report

Prepared for you on Tuesday, November 24, 2020.

Mexican Peso/Chilean Peso (FOREX:MXNCLP)

Countertrend Up (+85) - MXNCLP is showing short-term weakness. However, look for the longer-term bullish trend to resume. As always, continue to monitor the trend score and utilize a stop order.

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
38.037062 38.037062 38.037062 38.037062 0.000000
Entry Signal

MarketClub’s Trade Triangles for MXNCLP

long term up The long-term trend has been UP since Sep 18th, 2020 at 36.363499

intermediate term up The intermediate-term trend has been UP since Nov 15th, 2020 at 36.968317

short term up The short-term trend has been UP since Nov 15th, 2020 at 36.968317

Smart Scan Analysis for MXNCLP

Based on our trend formula, MXNCLP is rated as a +80 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+80
Smart Scan Analysis for MXNCLP
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
38.037062 38.037062 38.037062 38.037062 0.000000
Prev. Close Volume Bid Ask Time
38.037062 2020-11-23 21:07:11
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