Forex Trend Analysis Report
Prepared for you on Friday, August 19, 2022.
Mexican Peso/Czech Koruna (FOREX:MXNCZK)
Strong Uptrend (+100) - MXNCZK is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, MXNCZK continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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.
MarketClub’s Trade Triangles for MXNCZK
The long-term trend has been UP since Feb 24th, 2022 at 1.086925
The intermediate-term trend has been UP since Jul 29th, 2022 at 1.193645
The short-term trend has been UP since Aug 12th, 2022 at 1.187545
Smart Scan Analysis for MXNCZK
Based on our trend formula, MXNCZK is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).