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Forex Trend Analysis Report
Prepared for you on Monday, January 20, 2025.
New Zealand Dollar/Mexican Peso (FOREX:NZDMXN)
Crossroads (+60) - NZDMXN is struggling to move into a solid trend. Beware of choppy markets 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.
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MarketClub’s Trade Triangles for NZDMXN
The long-term trend has been DOWN since Dec 10th, 2024 at 11.69940
The intermediate-term trend has been UP since Jan 16th, 2025 at 11.70260
The short-term trend has been UP since Jan 16th, 2025 at 11.60345
Smart Scan Analysis for NZDMXN
Based on our trend formula, NZDMXN is rated as a +60 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 11.65055 | 11.71185 | 11.59490 | 11.61855 | -0.03200 |
| Prev. Close | Volume | Bid | Ask | Time |
| 11.65055 | 2025-01-20 09:44:05 |