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Forex Trend Analysis Report

Prepared for you on Monday, March 1, 2021.

Mexican Peso/Czech Koruna (FOREX:MXNCZK)

Sidelines Mode (-55) - MXNCZK is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement 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.

FOREX_MXNCZK
Open High Low MXNCZK Price Change
1.043110 1.054305 1.036580 1.052625 +0.009515
Entry Signal

MarketClub’s Trade Triangles for MXNCZK

long term down The long-term trend has been DOWN since Feb 19th, 2021 at 1.0416325

intermediate term down The intermediate-term trend has been DOWN since Jan 27th, 2021 at 1.0635500

short term up The short-term trend has been UP since Mar 1st, 2021 at 1.0472246

Smart Scan Analysis for MXNCZK

Based on our trend formula, MXNCZK is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for MXNCZK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
1.043110 1.054305 1.036580 1.052625 +0.009515
Prev. Close Volume Bid Ask Time
1.043110 2021-03-01 13:38:38
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