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Forex Trend Analysis Report
Prepared for you on Saturday, October 26, 2024.
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, MXNCLP 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.
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MarketClub’s Trade Triangles for MXNCLP
The long-term trend has been DOWN since May 15th, 2024 at 54.526107
The intermediate-term trend has been DOWN since Aug 2nd, 2024 at 50.771708
The short-term trend has been DOWN since Aug 20th, 2024 at 49.156805
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 47.601023 | 47.601023 | 47.601023 | 47.601023 | 0.000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 47.601023 | 2024-10-24 21:06:17 |