Free Daily Analysis
Forex Trend Analysis Report
Prepared for you on Wednesday, November 20, 2024.
Mexican Peso/Czech Koruna (FOREX:MXNCZK)
Bull Market Weakness (+75) - MXNCZK is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MXNCZK as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid MXNCZK?
MarketClub looks at technical strength and momentum to determine if the timing is right for MXNCZK.
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 MXNCZK
The long-term trend has been DOWN since Jun 3rd, 2024 at 1.327615
The intermediate-term trend has been UP since Nov 19th, 2024 at 1.185870
The short-term trend has been UP since Nov 14th, 2024 at 1.174250
Smart Scan Analysis for MXNCZK
Based on our trend formula, MXNCZK is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.186560 | 1.188905 | 1.185920 | 1.188355 | +0.001795 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.186560 | 2024-11-20 03:35:34 |