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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Mexican Peso/Czech Koruna (FOREX:MXNCZK)
Bear Market Rally (-75) - MXNCZK is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MXNCZK as it may be in the beginning 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 Jul 9th, 2024 at 1.297785
The short-term trend has been DOWN since Jul 24th, 2024 at 1.279040
Smart Scan Analysis for MXNCZK
Based on our trend formula, MXNCZK is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.2679550 | 1.2771750 | 1.2625100 | 1.2643657 | -0.0035890 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.2679550 | 2024-07-26 20:23:07 |