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Forex Trend Analysis Report
Prepared for you on Saturday, January 25, 2025.
Mexican Peso/New Zealand Dollar (FOREX:MXNNZD)
Sidelines Mode (+55) - MXNNZD 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 MXNNZD?
MarketClub looks at technical strength and momentum to determine if the timing is right for MXNNZD.
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 MXNNZD
The long-term trend has been UP since Dec 10th, 2024 at 0.085473
The intermediate-term trend has been DOWN since Jan 16th, 2025 at 0.085448
The short-term trend has been UP since Jan 23rd, 2025 at 0.086278
Smart Scan Analysis for MXNNZD
Based on our trend formula, MXNNZD is rated as a +55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.0863600 | 0.0868825 | 0.0861670 | 0.0863775 | +0.0000170 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.0863600 | 2025-01-24 17:06:32 |