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Forex Trend Analysis Report
Prepared for you on Thursday, December 26, 2024.
Mexican Peso/Turkish Lira (FOREX:MXNTRY)
Bull Market Weakness (+75) - MXNTRY is showing signs of short-term weakness, but still remains in the confines of a long-term uptrend. Keep an eye on MXNTRY as it may be in the beginning stages of a reversal.
Is it time to buy, sell, or avoid MXNTRY?
MarketClub looks at technical strength and momentum to determine if the timing is right for MXNTRY.
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 MXNTRY
The long-term trend has been DOWN since Jun 3rd, 2024 at 1.8156590
The intermediate-term trend has been UP since Dec 5th, 2024 at 1.7200965
The short-term trend has been UP since Dec 20th, 2024 at 1.7441180
Smart Scan Analysis for MXNTRY
Based on our trend formula, MXNTRY is rated as a +70 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.7483385 | 1.7496700 | 1.7378265 | 1.7422350 | -0.0061040 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.7483385 | 2024-12-26 18:07:15 |