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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Mexican Peso/New Zealand Dollar (FOREX:MXNNZD)
Long-Term Uptrend (+90) - MXNNZD is in a strong uptrend that is likely to continue. While MXNNZD is showing intraday weakness, it remains in the confines of a bullish trend. Traders should use caution and utilize a stop order.
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 0.0854730
The intermediate-term trend has been UP since Nov 19th, 2024 at 0.0841960
The short-term trend has been UP since Dec 3rd, 2024 at 0.0835385
Smart Scan Analysis for MXNNZD
Based on our trend formula, MXNNZD is rated as a +90 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 0.0877235 | 0.0882835 | 0.0876540 | 0.0877845 | +0.0000610 |
| Prev. Close | Volume | Bid | Ask | Time |
| 0.0877235 | 2024-12-26 13:59:05 |