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Forex Trend Analysis Report

Prepared for you on Saturday, February 22, 2025.

New Zealand Dollar/Mexican Peso (FOREX:NZDMXN)

Sidelines Mode (-55) - NZDMXN is moving in a sideways pattern and is unable to gain momentum in either direction. Beware of choppy movement and consider a sidelines position until a stronger trend is identified.

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

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

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

FOREX_NZDMXN
Open High Low NZDMXN Price Change
11.71345 11.73555 11.67355 11.72830 +0.01485
Entry Signal

MarketClub’s Trade Triangles for NZDMXN

long term down The long-term trend has been DOWN since Dec 10th, 2024 at 11.69940

intermediate term down The intermediate-term trend has been DOWN since Feb 3rd, 2025 at 11.46135

short term up The short-term trend has been UP since Feb 20th, 2025 at 11.71730

Smart Scan Analysis for NZDMXN

Based on our trend formula, NZDMXN is rated as a -55 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).

-55
Smart Scan Analysis for NZDMXN
Strong Downtrend Sideways Strong Uptrend
Open High Low Price Change
11.71345 11.73555 11.67355 11.72830 +0.01485
Prev. Close Volume Bid Ask Time
11.71345 2025-02-21 17:03:11
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