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Forex Trend Analysis Report
Prepared for you on Wednesday, October 4, 2023.
Mexican Peso/Czech Koruna (FOREX:MXNCZK)
Crossroads (-60) - MXNCZK is struggling to move into a solid trend. Beware of choppy markets and consider a sidelines position until a stronger trend is identified.
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 UP since Mar 2nd, 2023 at 1.2234250
The intermediate-term trend has been DOWN since Oct 4th, 2023 at 1.2916658
The short-term trend has been DOWN since Oct 3rd, 2023 at 1.3124050
Smart Scan Analysis for MXNCZK
Based on our trend formula, MXNCZK is rated as a -60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.295210 | 1.297545 | 1.281865 | 1.296205 | +0.000995 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.295210 | 2023-10-04 08:15:32 |