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Forex Trend Analysis Report
Prepared for you on Monday, July 4, 2022.
Mexican Peso/New Zealand Dollar (FOREX:MXNNZD)
Strong Uptrend (+100) - MXNNZD is in a strong uptrend that is likely to continue. With short-term, intermediate, and long-term bullish momentum, MXNNZD continues to climb. Traders should protect gains and look for a change in score to suggest a slow down in momentum.
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 Apr 13th, 2022 at 0.0742385
The intermediate-term trend has been UP since Jun 23rd, 2022 at 0.0797475
The short-term trend has been UP since Jul 1st, 2022 at 0.0801075
Smart Scan Analysis for MXNNZD
Based on our trend formula, MXNNZD is rated as a +100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.079310 | 0.079464 | 0.078872 | 0.079382 | +0.000072 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.079310 | 2022-07-04 23:05:57 |