Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Friday, March 29, 2024.

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.

FOREX_MXNNZD
Open High Low MXNNZD Price Change
0.1008875 0.1012355 0.1004855 0.1007575 -0.0001300
Entry Signal

MarketClub’s Trade Triangles for MXNNZD

long term up The long-term trend has been UP since Mar 4th, 2024 at 0.096909

intermediate term up The intermediate-term trend has been UP since Mar 4th, 2024 at 0.096562

short term up The short-term trend has been UP since Mar 11th, 2024 at 0.096486

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).

+100
Smart Scan Analysis for MXNNZD
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.1008875 0.1012355 0.1004855 0.1007575 -0.0001300
Prev. Close Volume Bid Ask Time
0.1008875 2024-03-28 18:06:01
Get a free daily analysis and signals for Mexican Peso/New Zealand Dollar (MXNNZD) - Request Your Free Report.