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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.

FOREX_MXNTRY
Open High Low MXNTRY Price Change
1.7135840 1.7135850 1.7106675 1.7124715 -0.0011130
Entry Signal

MarketClub’s Trade Triangles for MXNTRY

long term down The long-term trend has been DOWN since Jun 3rd, 2024 at 1.815659

intermediate term down The intermediate-term trend has been DOWN since Dec 30th, 2024 at 1.711510

short term down 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).

-100
Smart Scan Analysis for MXNTRY
Strong Downtrend Sideways 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
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