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Forex Trend Analysis Report
Prepared for you on Saturday, February 22, 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 UP since Feb 3rd, 2025 at 0.087249
The short-term trend has been DOWN since Feb 20th, 2025 at 0.085344
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 |
|---|---|---|---|---|
| 0.085370 | 0.085664 | 0.085211 | 0.085265 | -0.000105 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.085370 | 2025-02-21 17:03:11 |