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Forex Trend Analysis Report

Prepared for you on Saturday, February 22, 2025.

Mexican Peso/Swedish Krona (FOREX:MXNSEK)

Strong Downtrend (-100) - MXNSEK is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, MXNSEK continues to fall. Traders should use caution and set stops.

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

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

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

FOREX_MXNSEK
Open High Low MXNSEK Price Change
0.523300 0.524565 0.521005 0.521340 -0.001960
Entry Signal

MarketClub’s Trade Triangles for MXNSEK

long term down The long-term trend has been DOWN since Feb 21st, 2025 at 0.522510

intermediate term down The intermediate-term trend has been DOWN since Dec 30th, 2024 at 0.537315

short term down The short-term trend has been DOWN since Feb 19th, 2025 at 0.524135

Smart Scan Analysis for MXNSEK

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

-100
Smart Scan Analysis for MXNSEK
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
0.523300 0.524565 0.521005 0.521340 -0.001960
Prev. Close Volume Bid Ask Time
0.523300 2025-02-21 17:03:12
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