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Forex Trend Analysis Report

Prepared for you on Friday, May 9, 2025.

Mexican Peso/Chinese Yuan Renminbi (FOREX:MXNCNY)

Crossroads (-60) - MXNCNY is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.

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

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

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

FOREX_MXNCNY
Open High Low MXNCNY Price Change
0.36999778 0.37042515 0.36973631 0.36985763 -0.00014000
Entry Signal

MarketClub’s Trade Triangles for MXNCNY

long term down The long-term trend has been DOWN since Apr 14th, 2025 at 0.33698129

intermediate term up The intermediate-term trend has been UP since Apr 21st, 2025 at 0.37086768

short term up The short-term trend has been UP since May 9th, 2025 at 0.37024008

Smart Scan Analysis for MXNCNY

Based on our trend formula, MXNCNY is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-60
Smart Scan Analysis for MXNCNY
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.36999778 0.37042515 0.36973631 0.36985763 -0.00014000
Prev. Close Volume Bid Ask Time
0.36999778 2025-05-09 07:40:48
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