Free Daily Analysis

Forex Trend Analysis Report

Prepared for you on Saturday, March 25, 2023.

Mexican Peso/Peruvian Nuevo Sol (FOREX:MXNPEN)

Weak Downtrend (-65) - MXNPEN is showing signs of a strengthening downtrend. Monitor MXNPEN as it may be building momentum to the downside.

Is it time to buy, sell, or avoid MXNPEN?

MarketClub looks at technical strength and momentum to determine if the timing is right for MXNPEN.

Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.

FOREX_MXNPEN
Open High Low MXNPEN Price Change
0.20203834 0.20203834 0.20203834 0.20203834 0.00000000
Entry Signal

MarketClub’s Trade Triangles for MXNPEN

long term up The long-term trend has been UP since May 2nd, 2022 at 0.18745263

intermediate term down The intermediate-term trend has been DOWN since Mar 18th, 2023 at 0.20792064

short term down The short-term trend has been DOWN since Mar 18th, 2023 at 0.20954043

Smart Scan Analysis for MXNPEN

Based on our trend formula, MXNPEN is rated as a -70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-70
Smart Scan Analysis for MXNPEN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.20203834 0.20203834 0.20203834 0.20203834 0.00000000
Prev. Close Volume Bid Ask Time
0.20203834 2023-03-18 03:55:51
Get a free daily analysis and signals for Mexican Peso/Peruvian Nuevo Sol (MXNPEN) - Request Your Free Report.