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Forex Trend Analysis Report

Prepared for you on Wednesday, April 2, 2025.

Mexican Peso/Danish Krone (FOREX:MXNDKK)

Strong Downtrend (-100) - MXNDKK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, MXNDKK continues to fall. Traders should use caution and set stops.

Is it time to buy, sell, or avoid MXNDKK?

MarketClub looks at technical strength and momentum to determine if the timing is right for MXNDKK.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_MXNDKK
Open High Low MXNDKK Price Change
0.33980196 0.34001500 0.33848718 0.33900500 -0.00079700
Entry Signal

MarketClub’s Trade Triangles for MXNDKK

long term down The long-term trend has been DOWN since Mar 4th, 2025 at 0.34198570

intermediate term down The intermediate-term trend has been DOWN since Mar 3rd, 2025 at 0.34593500

short term down The short-term trend has been DOWN since Mar 27th, 2025 at 0.33989342

Smart Scan Analysis for MXNDKK

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

-100
Smart Scan Analysis for MXNDKK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.33980196 0.34001500 0.33848718 0.33900500 -0.00079700
Prev. Close Volume Bid Ask Time
0.33980196 2025-04-02 08:43:16
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