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Forex Trend Analysis Report
Prepared for you on Monday, January 20, 2025.
Mexican Peso/Turkish Lira (FOREX:MXNTRY)
Strong Downtrend (-100) - MXNTRY is in a strong downtrend that is likely to continue. With short-term, intermediate, and long-term bearish momentum, MXNTRY continues to fall. Traders should use caution and set stops.
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 1.815659
The intermediate-term trend has been DOWN since Dec 30th, 2024 at 1.711510
The short-term trend has been DOWN since Jan 16th, 2025 at 1.700935
Smart Scan Analysis for MXNTRY
Based on our trend formula, MXNTRY is rated as a -100 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.7135840 | 1.7135850 | 1.7106675 | 1.7124715 | -0.0011130 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.7135840 | 2025-01-20 02:52:12 |