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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.

FOREX_MXNNZD
Open High Low MXNNZD Price Change
0.0863600 0.0868825 0.0861670 0.0863775 +0.0000170
Entry Signal

MarketClub’s Trade Triangles for MXNNZD

long term up The long-term trend has been UP since Dec 10th, 2024 at 0.085473

intermediate term down The intermediate-term trend has been DOWN since Jan 16th, 2025 at 0.085448

short term up 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).

+55
Smart Scan Analysis for MXNNZD
Strong Downtrend Sideways 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
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