Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Monday, October 25, 2021.

Mexican Peso/Czech Koruna (FOREX:MXNCZK)

Long-Term Uptrend (+90) - MXNCZK is in a strong uptrend that is likely to continue. While MXNCZK is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.

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.

FOREX_MXNCZK
Open High Low MXNCZK Price Change
1.0916600 1.0996350 1.0912950 1.0982426 +0.0065830
Entry Signal

MarketClub’s Trade Triangles for MXNCZK

long term up The long-term trend has been UP since Oct 25th, 2021 at 1.0971700

intermediate term up The intermediate-term trend has been UP since Oct 20th, 2021 at 1.0841254

short term up The short-term trend has been UP since Oct 13th, 2021 at 1.0628100

Smart Scan Analysis for MXNCZK

Based on our trend formula, MXNCZK is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+90
Smart Scan Analysis for MXNCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.0916600 1.0996350 1.0912950 1.0982426 +0.0065830
Prev. Close Volume Bid Ask Time
1.0916600 2021-10-25 18:14:09
Get a free daily analysis and signals for Mexican Peso/Czech Koruna (MXNCZK) - Request Your Free Report.