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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 2025.
Mexican Peso/Chinese Yuan Renminbi (FOREX:MXNCNY)
Sidelines Mode (-55) - MXNCNY is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.
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MarketClub’s Trade Triangles for MXNCNY
The long-term trend has been DOWN since Apr 18th, 2024 at 0.40805127
The intermediate-term trend has been UP since Feb 19th, 2025 at 0.35974053
The short-term trend has been DOWN since Feb 21st, 2025 at 0.35571247
Smart Scan Analysis for MXNCNY
Based on our trend formula, MXNCNY is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.35478378 | 0.35478378 | 0.35478378 | 0.35478378 | 0.00000000 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.35478378 | 2025-02-22 02:57:11 |