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Forex Trend Analysis Report
Prepared for you on Friday, July 26, 2024.
Mexican Peso/Turkish Lira (FOREX:MXNTRY)
Bear Market Rally (-75) - MXNTRY is showing some rallying power, but still remains in the confines of a long-term downtrend. Keep an eye on MXNTRY as it may be in the beginning 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 Jul 10th, 2024 at 1.8409745
The short-term trend has been DOWN since Jul 18th, 2024 at 1.8495805
Smart Scan Analysis for MXNTRY
Based on our trend formula, MXNTRY is rated as a -75 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 1.7966035 | 1.8040720 | 1.7818635 | 1.7850300 | -0.0115740 |
| Prev. Close | Volume | Bid | Ask | Time |
| 1.7966035 | 2024-07-26 16:59:48 |