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Forex Trend Analysis Report
Prepared for you on Monday, January 20, 2025.
Mexican Peso/Czech Koruna (FOREX:MXNCZK)
Long-Term Downtrend (-90) - MXNCZK is in a strong downtrend that is likely to continue. While MXNCZK is showing intraday strength, it remains in the confines of a bearish trend. Traders should use caution and set stops.
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 DOWN since Dec 30th, 2024 at 1.173260
The short-term trend has been DOWN since Jan 16th, 2025 at 1.179210
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).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.1810194 | 1.1834100 | 1.1701200 | 1.1812300 | +0.0002110 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.1810194 | 2025-01-20 09:49:22 |