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Forex Trend Analysis Report

Prepared for you on Tuesday, March 28, 2023.

Mexican Peso/New Zealand Dollar (FOREX:MXNNZD)

Weak Uptrend (+65) - MXNNZD is showing signs of weakening momentum to the upside. Monitor MXNNZD as it may be in the beginning stages of a reversal.

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
0.0875795 0.0881040 0.0874515 0.0876230 +0.0000440
Entry Signal

MarketClub’s Trade Triangles for MXNNZD

long term up The long-term trend has been UP since Feb 26th, 2023 at 0.088338

intermediate term down The intermediate-term trend has been DOWN since Mar 13th, 2023 at 0.086708

short term up The short-term trend has been UP since Mar 21st, 2023 at 0.085863

Smart Scan Analysis for MXNNZD

Based on our trend formula, MXNNZD is rated as a +65 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

+65
Smart Scan Analysis for MXNNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.0875795 0.0881040 0.0874515 0.0876230 +0.0000440
Prev. Close Volume Bid Ask Time
0.0875795 2023-03-28 20:23:26
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